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Innovation Culture, Precincts and All That Jazz
December 3rd, 2015From the earthy harmonies of soul jazz to the sporadic, atonal forays of free jazz – lateral thinking is the key distinguishing element in this type of music. Likewise, building innovation and an entrepreneurial culture could be compared to a form of jazz: it takes a lot of practice, a great deal of mistakes and emanates from a culture that values playing and jamming. Get that right, and then we’ll swing. But how does Australia jazz it up and expedite innovation? […]
Australia to Double Investments in R&D for Clean Energy
December 2nd, 2015Discovering a slab of coal in your Christmas stocking conventionally notions the idea that Father Christmas judges you more naughty than nice. However, could this tradition be an idea of the past as the nation, and the world, moves towards renewable energy? Australia is amongst 20 countries, all of them major economies, who agreed on Monday to take a clean energy pledge. The investment program, titled Mission Innovation, is a promise to radically accelerate public and private global clean energy […]
Is the Government Acting Too Hastily on the Innovation Statement?
December 1st, 2015Vacuuming the house, mowing the lawn, or even waiting for an image-heavy website to load – these are tasks, in an ideal world, which would be performed in haste. However tax policy changes, in particular, is an undertaking that one would hope is executed with time and consideration. In specific, recent updates have prompted the notion that the Australian government is placing academic research before considering critical industry insights. To expand on this, according to the BDO, the new Innovation […]
Could the R&D Tax Incentive Help Us Make Our Own Luck?
November 30th, 2015“The Lucky Country” – the phrase alone has become shorthand for describing our weather, our lifestyle, and our history. However, has our good fortune deterred Australia from innovating? Certainly, there has been no short of articles lately about Australia’s lack of innovation on a global index. Boundaries are blurring and firms in every sector are changing their processes in drastically new ways. From mixing and matching technologies to remote monitoring and big data – digital disruption has had a wave […]
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News & Research
News & Research
News & ResearchCochlear Comments on Australian R&D Tax and Innovation Policy
A recent article in The Australian has outlined comments from Dig Howitt, CEO of Cochlear, who believes Australia is at a crossroads when it comes to commercialising new innovative products. Howitt noted the country’s current tax regime hinders research and development […]
ATO Release First R&D Tax Incentive Transparency Reporting Data
As now required by law, The Australian Taxation Office (ATO) has released its first annual Research and Development (R&D) tax transparency report on entities claiming the R&D tax offset. The information the ATO published includes: name of the R&D entity […]
