Declining Government R&D Investment in Australia: Insights for Businesses
Picture a scenario where technical progress dies out and innovation comes to a standstill. This isn’t some fantasy or a nightmare; it might come to pass if R&D investments keep going in the same direction. The most recent statistics show that...
18 Common Misconceptions About R&D Tax Incentive
Because of so many misunderstandings, the R&D tax incentive landscape may be challenging to understand. Because of misunderstandings over who is eligible and how to apply, numerous small and medium-sized businesses miss out on these valuable incent...
The Importance of Accurate Record-Keeping in R&D Tax Incentive Claims
Accurate record-keeping is essential to back any research and development tax incentive claims in Australia. You must comply with the Australian Taxation Office (ATO) and AusIndustry regulations and provide proper evidence to support your R&D tax c...
ATO’s $16 Billion Warning: Aussie Businesses Push Back on Cash Only Trend
A major warning from the Australian Taxation Office (ATO) has been issued about the possible loss of tax revenues of $16 billion if businesses return to just using cash for transactions. Some businesses are trying to avoid paying taxes by making this s...
Choosing the Right R&D Tax Incentive Consultant in Australia
When selecting an R&D Tax Incentive consultant in Australia, it’s crucial to make an informed decision based on official guidelines and reputable sources. Here’s what you need to know, drawing from information provided by AusIndustry an...
WA Collie Industrial Transition Fund: Gov’t Commits $134 Million to Unlock Industrial Potential
The Western Australian Government has taken a significant step towards transforming the economic landscape of Collie by committing $134 million from its WA Collie Industrial Transition Fund. This substantial investment aims to activate the Coolang...
Unlock $1.16 Million in RED Grants to Transform Wheatbelt Businesses
Steel Fabricator Among New RED Grants in the Wheatbelt The Western Australian Government’s Regional Economic Development (RED) Grants program continues to play a pivotal role in enhancing regional business resilience and economic diversity. In its late...
R&D Expenditure Claims Tip $11.2bn: ATO Transparency Report 2021-22
In its first R&D tax incentive transparency report for the 2021–22 fiscal year, the Australian Taxation Office (ATO) revealed that corporations had made significant investments in R&D. This research offers insightful information about Australia...
How to Find Grants for Small Business in Australia: Best 7 Resources
Although many Australian small businesses are eligible for various grants, only some take advantage of the possibilities that are out there. Every year, businesses don’t know about or understand how to apply for government funding, which causes a...
7 Unmissable Warning Signs Your Business is Heading for Financial Trouble
There are many obstacles to overcome while running a business, but dealing with financial hardships is among the most daunting. The good news is that you can take preventative measures if you know what to look for in the beginning. Many business owners...
Unlocking the Maximum Range of Your Electric Vehicle: Strategies and Insights
Many people who own or are thinking about buying an electric car worry about running out of battery power. However, by understanding and implementing various strategies, drivers can effectively maximise their electric vehicle range. This blog post give...
New Innovation Opportunities for Queensland SMEs Through CSIRO’s RUIC Program
Another great news for Queensland’s small to medium-sized enterprises (SMEs). They now have an exciting opportunity to strengthen their innovation capabilities through the recently launched Regional University Industry Collaboration (RUIC) progra...
Closing the Gap Between Perception and Reality: Guidance for Australian Business Implementing Responsible AI
Businesses across Australia are embracing artificial intelligence (AI), which could unlock vast economic benefits and deliver value to society. However, the new report of The Responsible AI Index 2024 shows that currently, there is a massive difference...
AgriFood Research and Development: Maximising Tax Benefits
The agrifood research and development sector faces increasing pressure to enhance production efficiency, minimise environmental impact, and reduce waste. Research and development (R&D) plays a crucial role in addressing these challenges and driving...
Unlocking Australia’s Automotive Future: A Call for Government Action by AAAA.
A Brief History of Australian Automotive Manufacturing Australian Automotive Manufacturing has a long and rich history of production, which began in the early years of the 20th century. The automotive sector of Australia underwent significant developme...
