Tag: research and development

Govt told to up research investment by $2bn a year

Posted on   |  by Joseph Brookes
The federal government must increase its investment in research and development by around $2 billion annually to return Australia to average levels for advanced economies, according to the Australian...

RDTI claims growing, expected to cost extra $2.1bn by 2027

Posted on   |  by Brandon How
The Research and Development Tax Incentive is expected to cost an additional $2.1 billion over the next four years in part due to growing artificial intelligence claims, according to...

Biggest RDTI spend this financial year: Industry dept

Posted on   |  by Brandon How
The Research and Development Tax Incentive scheme is estimated to reach its highest total value this financial year, according to new data from the Department of Industry, Science and...

Robotics strategy delayed as discussion paper launches

Posted on   |  by Brandon How
Industry and Science minister Ed Husic has opened up consultations on the development of Australia’s first National Robotics Strategy, which is expected to include a focus on filling robotics...

RDTI claims return to pre-pandemic levels

Posted on   |  by Brandon How
The value of claims through the research and development tax incentive (RDTI) scheme’s non-refundable tax offset is estimated to return to pre-pandemic levels this financial year. The non-refundable tax...

Australian science still crying out for more R&D funding

Posted on   |  by Brandon How
Australia’s peak research bodies are ramping up pressure on the federal government to deliver on its commitment to push R&D expenditure towards three per cent of GDP. Calls for greater...

CRCs need $50 million boost, says peak body

Posted on   |  by Brandon How
Cooperative Research Australia has called for a $50 million boost to the cooperative research centres program, backing recommendations made in the positive 2021 ACIL Allen review released earlier this...

Qld battery industry a $1.3bn opportunity by 2030

Posted on   |  by Brandon How
Queensland’s battery industry could be worth $1.3 billion to the state’s economy in less than a decade, according to a new discussion paper commissioned to inform Queensland’s first Battery...