Between now and 2050 the world’s food system will need to harvest 70 per cent more food to nourish an increasingly crowded world. As the global population trudges towards 9 billion by 2050 and land and water resources decline, never has the task of producing more from less been more imperative. Essentially, these figures reveal that the role of Agriculture on a global scale will no doubt become more paramount in the following years. In fact, Agriculture is one of […]
One of the areas that many R&D Tax Incentive claimants miss out on in the initial stages of undertaking eligible R&D activities is valuing the time spent on core activities. If you are not paying salaries this year as you are trying to keep costs low whilst you commence your R&D start-up business, you may want to think again. To elaborate, salaries – including that of management and support staff – are an example of R&D Expenditure. However, it is […]
Smart kettles, fridges that keep tabs on when the milk is going off, tweeting catflaps, connected keyless locks that let your cleaner in but keep your mother-in-law out — the Internet of Things (IoT) is, as they say, most definitely a thing. Whether it’s on the consumer side of wearable tech, such as gadgets that measure your heart rate or monitor your sleep, or cities with everything smart, the march towards IoT is going full steam ahead. By the turn of the […]
“Innovate or Die” – the saying has become somewhat of a proverb of late in Australia as Turnbull pushes forward his Innovation Agenda in 2016. However, should the motto be “collaborate or cease” instead? To elaborate, last week an Issues Paper (PDF 611KB) was released reviewing the Australian R&D Tax Incentive. The review confirms that Australian businesses still have the lowest rates of the OECD pack when it comes to R&D collaboration with universities and other research organisations. In specific, fewer […]