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 get so caught up in their day-to-day tasks that they miss key…
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’s innovation environment by examining in depth how businesses in a range of industries are utilising the R&D Tax Incentive program. Key…
Although many Australian small businesses are eligible for various grants, only some take advantage of the possibilities that are available. Every year, many businesses either are unaware of their existence or don’t understand how to apply for government funding, which results in an estimated $1 billion being unclaimed. To start a new initiatives, expand or…
Overview The South East Queensland (SEQ) Innovation Economy Fund aims to turn SEQ into a global leader in innovation. This fund is set to have a huge impact on the region’s innovation economy. With an investment of over $150 million, it will support capital projects that provide new and better innovation infrastructure. With this strategic…
A number of significant EMDG changes have been implemented to the Export Market Development Grant (EMDG) program with the goal of increasing the export potential of Australian businesses. Regarding the revised scheme, Austrade responded to important questions and concerns. The top ten updates for exporters to be aware of are as follows: 1) Clarifying Existing…
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 development in the mid-twentieth century. Production houses like Ford Holden, and Toyota set up manufacturing units all over Australia. Automotive…
Funding applications Funding applications are open today to undertake innovative projects that investigate new technologies and approaches to urban water management. The Fund is particularly interested in receiving applications from businesses,research institutions and consultants that address a specific industry need and deliver valuable outcomes. The Open Innovation Stream supports innovation in the water sector, through investment in…
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) program. Delivered by the CSIRO and funded by the Queensland Government, the RUIC program is designed to assist academia and industry, helping SMEs turn advanced…
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 gives tips on how to get the most out of your electric car. Harness the Power of Regenerative…
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 between how many companies are aware of utilising AI in their business and how many are really and…
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