In the News

R&D Tax Incentive – Federal Budget 2021

8 October 2020 Dear Members – the following is a summary of the R&D Tax Incentive.  Overall the news is good with the Federal Government enhancing some aspects of the RDTI, and not making changes that had been…

Skills Impact: New National Vocational Skills Standards

8 October 2020 Provided by Skills Impact. A skill set has been developed to support the pharmaceutical manufacturing industry’s urgent response to the COVID-19 health crisis. The skill set includes four national units of competency. It is available…

Digital Business Plan To Drive Australia’s Economic Recovery

8 October 2020 Release date: 29 September 2020 The Morrison Government is investing almost $800 million to enable businesses to take advantage of digital technologies to grow their businesses and create jobs as part of our economic recovery…

WHO endorses Burnet HIV diagnostic

8 October 2020 Release date 25 September 2020 A Burnet-designed rapid point-of-care test for HIV has been accepted for the World Health Organization’s (WHO) list of prequalified in vitro diagnostics. The VISITECT® CD4 Advanced Disease Test, developed by…

Research and Development Tax Incentive: have your say

5 October 2020 The Australian Government Department of Industry, Science, Energy and Resources is looking at ways to improve how people engage with the Research and Development Tax Incentive (R&DTI) program. The Department aims to understand: •The time people…

Metro Tunnel Portrait Project Showcases Faces Behind Parkville Biomedical Precinct

24 September 2020 View the full article via Metro Tunnel. The Parkville Biomedical Precinct is home to some of the world’s leading medical researchers, clinicians and academics. Through 30 Precinct Partners, it delivers outstanding clinical care and education,…

Moving from a lucky country to a smart country: Ten Ways for Australian manufacturers to Succeed

22 September 2020 The latest industry research report from the Federal Government’s Advanced Manufacturing Growth Centre (AMGC) has revealed that even before the COVID-19 pandemic, 65% of Australians regarded manufacturing as important or very important. Yet, key challenges…

Further Investment In Three New Australian COVID-19 Vaccine Research Projects

Date posted 22 September 2020 Release date 20 September 2020 The Morrison Government will invest almost $6 million in additional funding from the Medical Research Future Fund’s (MRFF) Coronavirus Research Response to support research and development of three…

New Directory Connecting Australia’s Medical Device Sector Launched to Drive Innovation

15 September 2020 The Medical Device Partnering Program today launches the first dedicated online Capability Directory for the medical device sector, to boost innovation and development of cutting-edge medical devices and technologies in Australia. Funded by MTPConnect, the…

Business Survival and Adaptation Package

14 September 2020 Via Business Victoria – we will update this page as more information becomes available. About the package The Victorian Government is investing $3 billion to help businesses impacted by ongoing restrictions and prepare for COVID…

Supporting Victorian Businesses On Our Road To COVID Normal

13 September 2020 Read the original media release here.  A massive new support package will see $3 billion in cash grants, tax relief and cashflow support delivered to Victorian businesses as we work together to drive coronavirus cases…

Impact to R&D Tax Incentive claims by COVID-19 or Bushfires 2019-20

11 September 2020 This information is provided by AusIndustry. Read more via AusIndustry here.  Aware that COVID-19 and the recent bushfires may have affected your economic circumstances, applications for the Research and Development Tax Incentive have been extended…

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