Update Re Senate Hearing for R&D Tax Incentive Bill, June 2020

9 July 2020

The Senate Economics Legislation Committee met on Monday 29 June 2020 to review the “Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019” (RDTI Bill).

The reporting date for the inquiry is expected to be 7 August 2020, and we will update members when this is released and the next steps are identified.

View the full update here.

BIOMELBOURNE NETWORK’S SUBMISSION

The submission from BioMelbourne Network (see this LINK) was part of a Joint Submission from the Association of Australian Medical Research Institutes (AAMRI), Life Science Queensland, Medical Technology Association of Australia, Medicines Australia & Research Australia. The Economics Legislation Committee has these documents.

HANSARD TRANSCRIPT

The Hansard transcript confirms that those invited to attend addressed the primary concerns we had raised, and thus represented our range of members. The full transcript can be found at HANSARD.

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