More change for the R&D tax incentive – but is it for the better?

Analysis by Peter Roberts Australia has since the 1980s had tax concessions and incentives designed to encourage long-term business R&D that creates future economic benefits for individual companies, and the nation. But the latest changes to what is now a tax offset against eligible R&D continue the endless changes to the basic structure of the…

Massive pipeline project takes shape

Another 500 massive 1.8 metre diameter glass reinforced composite pipes are en route by ship from Adelaide to Townsville as part of the ambitious Haughton Pipeline Duplication Project. The second of six shipments, manufactured at RPC Group’s Adelaide factory, the Flowtite GRP pipes will make up a 36.5 kilometre pipeline from the Haughton Pump Station…

Q and A with export champion, Flavourtech

NSW’s Flavourtech, a Griffith-based business making specialised machinery for “aroma recovery, extraction and evaporation solutions”, won the Manufacturing category at last week’s Australian Export Awards. Brent Balinski spoke to Paul Smith, Flavourtech’s Financial Controller, about the company’s expansion, its technology, and its success internationally.  

Mildura manufacturer in railway sleeper breakthrough.

Mildura manufacturer, Integrated Recycling has won approval from Metro Trains Melbourne to trial its Duratrack composite recycled plastic sleeper on the Melbourne rail system. “This follows hot on the heals of Queensland Rail Type Approval for mainline trials,” the company said. At this stage, MTM will trial Duratrack at at last two sites in Melbourne…

Defence awards five companies grants of $12 million.

Defence industry minister, Steve Ciobo has announced five companies will share grants of $12 million to develop innovative technologies. The grants, by the Defence Innovation Hub, will further develop their innovative technologies to support the Australian Defence Force (ADF). Sentient Vision Systems, a small Australian computer vision company, has been awarded a $5.5 million contract…

Defence offers grants of up to $1 million to SMEs.

The federal government has announced a new grants scheme offering up to $1 million for projects that help meet Australia’s defence industrial capability priorities. The government’s Sovereign Industrial Capability Priority Grants scheme aims to build the capacity and resilience of Australian small-to-medium sized business. Grants may be used to fund capital equipment (including specialist software…

CSIRO invests in the industrial future.

Government research group CSIRO is investing $35 million in forward-looking research in space technology and artificial intelligence. The investment will include the development of advanced imaging of Earth from satellites, in addition to cutting-edge data science to support the growth of AI technology. The investment is part of CSIRO’s Future Science Platforms which aims to…