Tag: RDTI

RDTI growth outpaced Industry dept projections by $860m

Posted on   |  by Brandon How
The value of Australia’s research and development tax incentive exceeded Industry department estimates by almost $860 million last financial year as companies flocked to the scheme for relief amid...

R&D ‘languishing’ despite lift in government spending

Posted on   |  by Justin Hendry
The federal government expects to lift overall spending on R&D by almost $650 million this financial year, outpacing sluggish R&D spending growth in the private sector, according to new...

Reclaiming sovereignty over strategic technologies

Posted on   |  by Adam Gilmour
Australian governments have been discussing innovation, advanced manufacturing, and the vision of making more (and more high-tech things) in Australia… for decades. Yet here we are in 2024, ranked...

VueMotion takes the guesswork out of coaching

Posted on   |  by Stuart Mason
Athletes around the world, from sports stars to jogging enthusiasts, can currently be analysed through a range of complex lab-based instruments, sensors and devices.  This process is crucial to...

Australia’s biggest R&D companies revealed

Posted on   |  by Joseph Brookes
Atlassian, CSL and Cochlear are the biggest users of Australia’s research and development tax incentive, with the software giant alone claiming more than $200 million of activity a year,...

ATO moves to quell concerns over RDTI ruling

Posted on   |  by Denham Sadler
The Tax Office will only make a ruling on the eligibility of activities under the research and development tax incentive in “exceptional cases” and will aim to still consult...

New R&D tax ruling ‘unwinds 40 years of convention’

Posted on   |  by Denham Sadler
A new ruling allowing the tax office to assess the eligibility of activities under the research and development tax incentive (RDTI) has “muddied the waters” of the scheme and...

Victoria’s R&D grants scheme backs first 10 companies

Posted on   |  by Justin Hendry
PolyNovo, Quantum Brilliance and SPEE3D are among the first 10 local companies to receive matched funding under the Victorian government’s manufacturing-focused R&D grants scheme. Jobs and Industry minister Natalie...