Tag: AusIndustry

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Lumi.Media wins Creative Tech Award

Sydney-based tech firm Lumi.Media has won the InnovationAus 2023 Award for Excellence in Creative Tech and Software for its all-in-one project management platform for television productions. The InnovationAus 2023...

Lumi: Software-as-a-service for TV productions

Posted on   |  by Stuart Mason
The concept for Lumi came from a simple realisation that most good ideas start from: “surely there’s a better way of doing this”. Karen Dewey was working as an...

R&D Tax guidance for software ‘grossly inadequate’

Posted on   |  by Denham Sadler
The sole case study featured in the federal government’s guidance for software claims under the research and development tax incentive contains a number of errors and would likely not...

$50m Boosting Female Founders program faces serious questions

Posted on   |  by Denham Sadler
A number of the largest grants from the federal government’s flagship $52 million program to support female founders will be reexamined after serious questions were raised about their eligibility...

Australian inventions get TIME magazine treatment

Posted on   |  by David McClure
Innovative Australian technology has been recognised among TIME Magazine’s ‘Best inventions of 2021’. Products featured in the 2021 list include Synchron’s Stentrode, a brain–computer interface for people who are...

R&D tax scheme too risky for software: Evado

Posted on   |  by Denham Sadler
The R&D tax incentive is now too costly and carries too much risk for a growing number of businesses, according to the chief technologist of a clinical trial software...

R&D tax scheme crackdown has eased

Posted on   |  by Denham Sadler
The crackdown on research and development tax incentive claims has eased, with a more collaborative and fair approach to audits adopted and a number of recent successful appeals, according...

Digital economy gets renewed focus

Posted on   |  by James Riley
The federal Industry department has quietly created a new Digital Economy and Technology division within AusIndustry, falling under deputy secretary Elizabeth Kelly. The renewed Industry focus on the digital...

R&D advisory no longer meets

Posted on   |  by Denham Sadler
The advisory body set up by the government to steer the Research and Development Tax Incentive has not met for more than 18 months, despite making major changes to...

ATO R&D advice is a bombshell

Posted on   |  by James Riley
The Australian Taxation Office’s just-published alert aimed at companies seeking R&D tax benefits for software development activity has landed among high-growth startups like a bombshell. The advice is confusing...