Victorian opposition leader: assistance needed to seize “rare opportunity to bring manufacturing back”

Victorian opposition leader Michael O’Brien has proposed that the state regrow its manufacturing sector through a new $1 billion fund. O’Brien said Victoria had lost 50,000 jobs in the industry over the last two decades, and that the Covid-19 pandemic had exposed the weakness of its supply chains. “This is a rare opportunity to bring manufacturing…

Government adds flexibility to R&D but when will incentive cuts take effect?

The end of the financial year is fast approaching, but manufacturers still do not know when controversial cuts to R&D tax incentives will apply. With the Covid-19 pandemic highlighting the role of innovation, Kris Gale calls for the federal government to abandon its reforms. The federal government is to be congratulated for announcing additionally flexibility…