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…

Brain scanner manufacturer EMvision lists on ASX

EMvision Medical Devices (ASX: EMV) has successfully listed on the Australian stock exchange following an over-subscribed IPO that raised $6 million. The company, which makes a new type of non-invasive brain scanner to detect stroke, will use the funds to continue human trials and refine its prototypes intended to be carried in ambulances by first…

Construction begins of Navy ship construction yard in Adelaide.

Defence minister, Christopher Pyne has turned the first sod on a $535 million project to build a new construction yard for Australia’s future submarines and frigates at ASC, Osborne north of Adelaide. Laing O’Rourke will modernise the existing yard that built the Collins class submarines and Hobart class air warfare destroyers, and build new facilities…

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…

F-35 Lightning debut – a new era of defence industry

Comment by Peter Roberts Australia’s first two F-35 joint strike fighter aircraft land at Williamtown RAAF base today marking a new era in defence-industry co-operation. After a fly past along the coast the F-35 Lightnings touch down at 10.00 am allowing Australians to glimpse the world’s most advanced aircraft, boasting an unprecedented level of Australian…

Space: Australia’s new frontier

Comment by Peter Roberts. An Australian space industry, the second in our history, is rapidly taking shape with government research, rocket and satellite manufacturers and potential end use markets ranging from Earth sensing to internet of things (IoT) communications falling into place. Only a month ago @AuManufacturing reported the successful launch into space on a…