The Medical Devices Fund (MDF) is back for Round 13, with applications now open for early-stage medical technologies that can improve patient care and create long-term value for New South Wales. This highly competitive scheme, which breaks down barriers between ideas and innovators, offers businesses in Australia a unique opportunity not to be missed. The…
Gaining knowledge on how to deal with compliance checks can assist companies in preparing for potential audits and making sure their R&D tax claims are strong. Please read the below information to find out what essentials you will need to have: R&D Tax Incentive Compliance Audit Process Explained The compliance audits performed by AusIndustry and…
Key Points The budget for the 2025-26 financial year of the Australian Federal Government, which was presented by Treasurer Jim Chalmers on 25 March 2025, is a map through the thick labyrinth of a small business area formed by this complex economic environment. Federal Budget 2025 is a response to the various problems that Australian…
As a business owner in Australia, securing funding to drive innovation is often a top priority. The two key options are the R&D Tax Incentives (R&DTI) and other government grants. A question frequently arises about whether receiving a grant affects your ability to claim the R&D Tax Incentive. This concern is valid, given the complexity…
Are you leaving money on the table? Businesses in Australia miss out on significant and influential tax benefits every year simply because they don’t know about the R&D Tax Incentive. We have witnessed the growth and change that may result from this incentive in our role as grant consultants focusing on R&D funding and government…
Imagine this: You’re a farmer in southeast Tasmania, witnessing treated water being wasted while your crops suffer in yet another dry season. Or perhaps you’re a resident of Bothwell, constantly grappling with water quality issues. These are not hypothetical scenarios; they are real threats to the lives and livelihoods of many Tasmanians, and they demand…
Picture this: It all starts with a tiny spark in the dry and dusty Australian bush. A small fire can quickly escalate into an uncontrollable firestorm when powerful winds push the flames ahead. Longer and more intense fire seasons are being fuelled by climate change, making this scenario more typical. There has to be a…
Imagine you are a business owner in the gambling or cigarette industries who has just invested millions in game-changing innovations. But then the government says your industry is no longer eligible for R&D tax incentives. When all of a sudden, your innovation funding disappears, leaving you to fret over the future of your projects. As of July 2025,…
The Australian Government’s $400M Industry Growth Program (IGP) is making real progress in strengthening Australian manufacturing. The program has distributed more than $26 million to 20 businesses, bringing fresh ideas to life through innovative support mechanisms and targeted funding. How Industry Growth Program (IGP) Drives Innovation The Industry Growth Program (IGP) uses a multi-layered approach…
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 shift, which is part of a wider trend toward a cashless economy. Tax…
End of content
End of content
