Improvements to Commercialisation Australia

“MORE SUPPORT FOR AUSTRALIAN INNOVATORS” As of today, December 7, the Federal government has introduced a series of measures aimed at improving the Commercialisation Australia program and provide greater assistance to Australian businesses that are...

R&D Tax Credit name change

On 2 September 2011, Innovation Minister, Senator Kim Carr anounced the R&D Tax Credit will now be known as the R&D Tax Incentive. The name R&D Tax Incentive reflects the program’s overall objective of encouraging more companies to engage in research and...

R&D Tax Credit Starting Date

The government announced that the new R&D Tax Credit will start operating from July 1, 2011 following the Australian Greens support for the program. As a further incentive for the SME sector to increase its expenditure on innovative activities, companies with a...