Tag: RDTI

‘Ill-informed’ R&D tax changes hit biotech

Posted on   |  by Denham Sadler
The federal government’s “ill-informed” reforms to the research and development tax incentive will damage Australia’s burgeoning life sciences sector at a time when it is at the forefront of...

Innovation slides down, down Downunder

Posted on   |  by Ian Nisbet
A couple of Prime Ministers ago the word ‘innovation’ was pushed into the public consciousness with the launch of the National Innovation and Science Agenda (NISA). With a lot...

Retrospective RDTI changes ‘simply unfair’

Posted on   |  by Denham Sadler
A government plan to apply its highly contentious changes to the R&D tax incentive retrospectively is “simply unfair” and “opportunistic” and will damage early-stage companies, a Senate committee has...

Tech exodus looms due to RDTI changes

Posted on   |  by Denham Sadler
The government’s controversial changes to the research and development tax incentive would cut the benefit nearly in half for a number of local tech companies, leading some to consider...

Now is not the time to cut the RDTI

Posted on   |  by Denham Sadler
Now is not the time for the government to cut the research and development tax incentive, with Australia facing an economic crisis potentially worse than the GFC, the Australian...

Govt not listening on R&D cuts

Posted on   |  by Denham Sadler
The Opposition has accused government of not listening to tech companies on its controversial reforms to the Research and Development Tax Incentive after revelations that no substantial consultation has...

R&D tax interpretations are ‘ludicrous’

Posted on   |  by Denham Sadler
The “strict interpretation” of what constitutes an eligible activity under the Research and Development Tax Incentive restricting software claims is “ludicrous” and leading local tech companies to move offshore,...

Does innovation need a non-R&D focus?

Posted on   |  by Denham Sadler
The federal government needs to “rebalance” innovation policies to focus more on non-research and development activities, according to a new Innovation and Science Australia report. The report, which was...

RDTI changes to be reviewed. Again.

Posted on   |  by Denham Sadler
There will be another “comprehensive” inquiry into the government’s controversial changes to the research and development tax incentive, with the Opposition planning to “interrogate” the unintended consequences of the...