The idea of self-employment might seem glamorous to some, conjuring images of young CEOs pounding on their keyboards in fancy coffee shops or answering emails beachside, but the reality couldn’t be more different. The first three years in business are critical – the Australian Bureau of Statistics states that over 60% of small businesses fail within…
The Government has today announced that clean-up and recovery grants of up to $25,000, paid to primary producers and small businesses directly affected by the recent flooding that has occurred since 29 November 2010, will be exempt from tax. These grants would normally be treated as assessable income, with taxpayers able to claim deductions for…
Obtaining grants is a highly specialised field, and there are many stages to writing a grant proposal, such as identifying the need, designing the project, determining the grant opportunities, writing the grant applications and administering funds received. To further complicate things, the processes for pursuing federal, state, and private funds are very different. Many businesses…
The Australian Government has announced funding for priority adaptation research into preparing Australia for the unavoidable impacts of climate change. The Government will invest $2 million into research addressing the impacts climate change poses to Australia’s primary industries with a further $5 million to support research focusing on the social and economic implications of climate change…
The Government wants Australia’s inventors to have access to a patent system that is easy to understand, respected internationally and which gives inventors the rights they deserve. To view the report and find out more about the Advisory Council, visit www.acip.gov.au. IP Australia is the government agency responsible for our IP system that includes patents, trade…
The Australian Growth Partnerships (AGP) program is a new, competitive, merit-based pilot program managed by CSIRO, which is designed to assist SMEs overcome technological barriers by providing them with funds to access CSIRO research and development. The AGP program is designed to assist SMEs overcome existing technical issues, therefore providing them with an opportunity to significantly…
A report released today by the Minister for Climate Change and Energy Efficiency, Greg Combet, identifies more than $226 billion of assets in coastal areas nationally that are potentially at risk from climate change. The report, Climate Change Risks to Coastal Settlements and Industry, identifies significant risks to commercial and light industrial infrastructure, and road and…
The Gillard Government will undertake a $12m public information campaign to explain to Australians why the climate tax is good for us. The Minister for Climate Change and Energy Efficiency, Greg Combet, said the campaign would provide information about the Government’s plan to reduce Australia’s carbon pollution including through a carbon price. It will also showcase…
The Australian Government will provide grant funding of $66.5 million to world-leading research to help build one of the largest solar power plants in the world in northwest New South Wales – creating jobs, strengthening industry-research partnerships and securing Australia’s clean energy future. Announcing the Education Investment Fund (EIF) grant today, Innovation Minister Senator Kim Carr said…
Shopping centres, hotels and office block owners are finding it easier to upgrade and reduce greenhouse gas emissions thanks to the Government’s Green Building Fund and Tax Breaks for Green Buildings Program. Announcing $35.2 million in funding to green-up 90 buildings nationally, Innovation Minister Senator Kim Carr said Australia’s commercial buildings generate significant greenhouse gas emissions…
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