Ombudsman investigating R&D Tax Incentive audits, treatment of small business
The Australian Small Business and Family Enterprise Ombudsman will release a report shortly on the Australian Taxation Office’s enforcement of R&D Tax Incentive claims.
RMIT researchers print wash-and-wear graphene supercapacitors
A Royal Melbourne Institute of Technology team has demonstrated a process for “cost-effective and scaleable” laser printing of stretchable, washable textiles able to store energy. A 10 centimetre by 10 centimetre patch of graphene-based smart textiles could be printed in three minutes using the technique, according to work published in the journal Scientific Reports. …
Renewables ‘eliminate’ base load reliance in South Australia
An Australian state once ridiculed for its reliance on renewable energy sources is being used as a global example of how traditional “base load” generation can be eliminated from the electricity supply system.
‘Back yourself’ Treasurer Frydenberg tells business. But it’s not that simple
Treasurer Josh Frydenberg’s key message to business in a landmark speech on Monday was “back yourself”.
Quickstep achieves first full-year profit
Quickstep has announced a $2.7 million profit for the financial year 2018 – 19, with Joint Strike Fighter contracts making up $53 million of $73.3 million in revenue and ramping to full production in the current FY.
GM crops: to ban or not to ban? That’s not the question
By Rachel A. Ankeny, Professor of History and Philosophy, and Deputy Dean Research (Faculty of Arts), University of Adelaide The South Australian government recently announced its intention to lift the long-standing statewide moratorium on genetically modified (GM) crops, following a statutory six-week consultation period. A government-commissioned independent review had estimated the cost of the moratorium…
Aussie weed crusher targets American harvest
By Andrew Spence Australian machines that pulverise weed seeds as crops are harvested have been shipped to North America where they are being trialled during this month’s harvest. Invented in South Australia, the Seed Terminator can be retrofitted to new and used John Deere, CASE IH, Massey Ferguson, Claas and New Holland Class 7, 8, 9 and…
Shortfall next year unlikely, but east coast gas users remain under pressure: ACCC
The Australian Competition and Consumer Commission released its seventh Gas Inquiry report on Thursday morning, finding that a supply shortfall on the east coast market next year is unlikely, but supply remains tight.
Molycop to source half its NSW electricity from renewables
Mining and rail products manufacturer Molycop has signed a power purchase agreement for 100,000 megawatt hours per year until 2030, which will see it source half its NSW electricity needs from regional renewable power generators in the state.
Optus partners with Adelaide startup Myriota
Satellite communications business Myriota and telecommunications company Optus Business have joined forces to bolster Internet of Things coverage across regional Australia.