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R&D securing your company’s competitive position in the market
September 21st, 2017An exciting time lies ahead for the research and development (R&D) industry as Sydney will soon be home to BT’s new global cyber security R&D centre, facilitating 172 additional skilled jobs over the next five years. The R&D hub is an expansion to BT’s existing Security Operation Centre (SOC) in Berry Street and will be the company’s first cyber R&D facility outside of the United Kingdom. The NSW Government has provided a $1.67 million grant to BT in support of the […]
Pharma stocks to invest in based on R&D spending levels
August 28th, 2017Continued research and development (R&D) is a must in the pharmaceutical industry as even the biggest blockbuster drugs eventually lose patent exclusivity or face new and improved competition. However throwing money into R&D alone doesn’t guarantee success, it is vital to also make smart investments into companies which are successfully incorporating R&D into their business activities. The following five pharma stocks are recommended for investors to own based on R&D spending levels. Merck Merck invested $6.8 billion into R&D in […]
New Australian R&D defence centre showing success already
August 24th, 2017Lockheed Martin Australia is an industry leader in defence and technology, bringing leading edge concepts and technology to Australia in the fields of aeronautics, maritime, land, surveillance, cyber, space, C4ISR and civil domains. The company has opened their research and development facility ‘STELaRLAB’ in Melbourne and have partnered with Australia’s finest minds and academic institutions to solve some of the world’s enduring and emerging challenges. STELaRLab stands for Science, Technology, Engineering Leadership, Research Laboratory and works to achieve Final Operational Capability […]
Rheinmetall Defence Australia $80m R&D project
August 18th, 2017Rheinmetall Defence Australia (RDA) has announced a five year research and development plan to invest $80 million into product and technology development as part of the AIC program for Land 400 Phase 2. In addition to this, there is also scope for a further $120 million in funding should the company be successful in Phase 3 of Land 4. Rheinmetall is a powerful and internationally successful army technology supplier and longstanding partner of the armed forces, with a mission to […]
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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 […]
