The Australian Information Industry Association has expressed concerns over changes to the R&D Tax Incentive in the Federal Budget, saying that they could put the brakes on innovation by discouraging companies from local investment.

Published in Government Tech Policy

The federal government has made changes in the R&D Tax Incentive which will hit both big and small businesses, the latter to a larger extent, with the Federal Budget aiming to save $2.4 billion on the scheme over the next four years.

Published in Government Tech Policy

The Australian federal budget has opened the door for new entrants into the banking sector by changing the limitation on closely-held ownership in the relevant act, removing the Prohibition on the use of "bank" by some authorised deposit-taking bodies, and changing the bank-licensing process.

Published in Government Tech Policy
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