By James Riley Total spending by Australian business on research and development remains at 2012 levels, despite small increases in each of the past three financial years. A new Australian Bureau of Statistics report found business expenditure on R&D (BERD) was $18.17 billion in 2019-20, slightly below the $18.32 billion that businesses spent in 2011-12 at today’s prices.…
By Peter Roberts Even today, centuries after the invention of the steam engine, there is nothing quite like a powerful railway locomotive with a full head of steam to thrill young and old alike as it converts fuel into raw, muscular, noisy power. Riding South Australian Railway (SAR) locomotive 621, the Duke of Edinburgh, to…
Brisbane’s Advanced Robotics for Manufacturing (ARM) Hub has marked its first year of operating and noted a “huge and growing appetite for Australian businesses to innovate.”
The NSW government’s latest tilt at reducing the state’s emissions to net zero has the potential to become a grand scale nation building program. But without appropriate oversight, hundreds of millions of taxpayer dollars could simply “perpetuate business as usual”.
Industry, Science and Technology Minister Karen Andrews has welcomed president-elect Joe Biden’s plan to elevate the role of the chief science advisor into a Cabinet-level position for the first time.
By Denham Sadler New “plain English” guidance for the research and development tax incentive has been released, providing new definitions for “hypothesis” and “new knowledge” and further information on the record keeping required under the scheme. The new Guide to Interpretation, an update on the document first published in 2016, comes just weeks after the federal…
As mentioned in an earlier wrap-up of responses to the federal Coalition’s Modern Manufacturing Strategy, the amount allocated — $1.5 billion — has been described as too small, especially given the monumental challenge it addresses.
Peak design and industry body the Australian Design Council was re-established today with the support of high profile business men and women. The re-established Australian Design Council brings together the nation’s top captains of industry, innovators, entrepreneurs and thinkers to reshape the nation post-COVID-19. Championing design to reinvent and kickstart Australia’s economy in a post-COVID-19…
The plan to block any research and development tax incentive claims on JobKeeper payments has been labelled “absurd” and damaging to tech companies at the “worst possible time”, with several prominent experts railing against the proposal.
In the second day of @AuManufacturing’s Australia’s niche champions series, we speak to inventors and others about finding their place in the world. What can be learned from their efforts to bring game-changing ideas to market from Australia? By Brent Balinski.
