The Morrison Government has strengthened its commitment to supporting companies to invest in research and development, releasing refreshed R&D Tax Incentive (R&DTI) guidance today. The guidance follows the Government’s investment of a further $2 billion into the incentive, which provides a tax offset to support Australian companies to undertake additional research and development activities. The…
Topics: Modern Manufacturing Strategy E&OE: Jane Norman: The COVID-19 crisis has exposed the fragility of global supply chains. You only need to think back to the beginning of the pandemic when supplies of personal protective equipment were at such risk that Australian factories swung into gear and started producing it themselves. Well, the Federal Government…
Topics: coronavirus, Australian manufacturing, supply chains E&OE Sabra Lane: Thank you Karen Andrews in delivering your first National Press Club address. As you point out, Australia has experienced a major disruption in global supply chains here and it’s been a wakeup call for businesses, and we appear to be paying a price for leading the…
It’s great to be with you this morning. Now I’m conscious of the fact we’re going straight from this speech into a Q & A, which I’m sure we will all find more valuable, so I plan to keep this as tight as possible. A defining trait of our modern world is its increasing complexity,…