Election 2013: Research and Development Election 2013: Research and Development

The policy pendulum on research and development swings between big business and startups. Earlier this year, the Labor government cut the popular R&D tax incentive for companies that have more than $20 billion in Australian turnover. The funds were redirected to its jobs plan that focuses on manufacturing, small business and startups.

The Coalition says it would review R&D tax incentives, potentially allowing big business back in.

Labor:

  • Has committed $6 million for a space and spatial innovation partnership to be based at Mt Stromlo in Canberra.
  • Wants to build 12 industry and research sector partnerships focused on boosting innovation and exports in the transport, financial services and digital industries.
  • Coalition:

  • Will review the potential for creating a second stream of the R&D tax incentive, “based more closely on the definitions and eligibility criteria of the former R&D Tax Concession”.
  • Has promised to boost rural research and development funding by $100 million.
  • Greens:

  • Wants a government-wide commitment to lift the current R&D spend from 2.2 percent to 3 percent of GDP.
  • Coalition to reverse NICTA funding extension

    Coalition to reverse NICTA funding extension

    Reprieve might be short lived.
    Sep 5 2013 4:17PM
    Labor targets space, spatial sectors

    Labor targets space, spatial sectors

    Partnership created in Canberra.
    Aug 29 2013 12:50PM
    Coalition could give R&D tax break back to big business

    Coalition could give R&D tax break back to big business

    Would review Labor decision.
    Aug 21 2013 1:28PM
    IIA seeks election pledges for tech startups

    IIA seeks election pledges for tech startups

    Politicians 'distracted' by mining, manufacturing.
    Aug 20 2013 1:06PM
    Govt to fork out more for R&D tax incentive

    Govt to fork out more for R&D tax incentive

    NICTA funding extension confirmed.
    Aug 2 2013 2:45PM
    AIIA sets out election platform

    AIIA sets out election platform

    Warns Govt of risks of not acting.
    May 3 2013 11:03AM
    Analysis: Cutting the R&D tax incentive is no Robin Hood gesture

    Analysis: Cutting the R&D tax incentive is no Robin Hood gesture

    Policy lacks understanding of why companies do R&D.
    Feb 19 2013 10:20AM
    Govt cuts big business R&D incentive to help fund startups

    Govt cuts big business R&D incentive to help fund startups

    Money to be redirected to encourage small business, angel investors.
    Feb 18 2013 2:03PM
    R&D dollars go begging in anxious sector

    R&D dollars go begging in anxious sector

    Delays stifle innovation in Australian manufacturing.
    Jan 15 2013 7:04AM

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