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Technology to underpin it all
Federal Budget 2021-22 Technology to underpin it all
The 2021-2022 Federal Budget reveals a digital pathway forward for Australia’s future economy. Businesses, manufacturing, governance and government is all underpinned by technology. The Digital Economy Strategy lays out what’s next.
5 min read | 12 May 2021
The legacy of COVID will be a stronger life sciences sector
Federal Budget 2021-22 The legacy of COVID will be a stronger life sciences sector
The 2021-2022 Federal Budget highlights new opportunities for the life sciences sector in Australia. Already a great place or research and development, it’s time we ramp up domestic commercialisation and manufacturing to better support and tap into international markets.
Michael Cunningham
Michael Cunningham
| 4 min read | 12 May 2021
Doubling the value of F&B manufacturing
Federal Budget 2021-22 Doubling the value of F&B manufacturing
Doubling the value of food & beverage manufacturing in Australia by 2030 is absolutely achievable. We have a number of advantages that make this possible.
Tony Pititto
Tony Pititto
| 6 min read | 12 May 2021
Manufacturing industry
Insight The success of modern manufacturing lies in value-adding, IP and new markets
Every country wants to export – it’s part and parcel of developing prosperity. And it’s part and parcel of Australia’s economy. To be successful, we need to have a diverse range of trade partnerships and to focus on value-adding manufacturing and retaining IP here in Australia.
7 min read | 12 May 2021
The critical point for Australia’s energy future
Federal Budget 2021-22 The critical point for Australia’s energy future
Energy is critical to achieve our vision for modern manufacturing and a future digital economy. Both will be energy intensive. At the same time, Australia aims to achieve net zero emissions by 2050. We are reaching a critical point where a solution to affordable, sustainable and clean energy generation must be found or all the best laid plans will come to nought. What’s in the Federal Budget 2021-22 for the sector?
Jannaya James
Jannaya James
| 5 min read | 12 May 2021
A path forward for Health & Aged Care, but not without some remaining obstacles
Federal Budget 2021-22 A path forward for Health & Aged Care, but not without some remaining obstacles
The 2021-2022 Federal Budget provided additional funding for the Health & Aged sector, however there are longer term issues that are yet to be fully resolved. So what’s on offer, and what do we need going forward to ensure quality and safe care for all Australians.
Darrell Price
Darrell Price
| 5 min read | 12 May 2021
A smart resource nation
Federal Budget 2021-22 A smart resource nation
The resources sector is an Australian workhorse. Past booms have propelled the country forward into prosperity. It’s provided a buffer during downturns. It has cushioned the COVID blow on our national accounts. And it has a vital role to play in Australia’s economic future as part of the evolving demand for global resources. What’s in the Federal Budget 2021-22 for the sector?
Brent Steedman
Brent Steedman
| 4 min read | 12 May 2021
rec_property
Insight Government tweaks superannuation
In a measure designed to help first time home buyers to save a deposit more quickly, the Government will increase the maximum releasable amount of voluntary concessional (deductible) and non-concessional (after-tax) contributions under the existing First Home Super Saver Scheme (FHSSS) from $30,000 to $50,000.
Simon Gow
Simon Gow
| 5 min read | 11 May 2021
Change in residency tests – impact on globally mobile employees
Insight Change in residency tests – impact on globally mobile employees
The Government today announced significant changes to Australian Tax residency rules aimed at providing certainty and simplification for businesses and their employees as Australian borders begin to start re-opening to the world.
Thomas Isbell
George Bendall
| 3 min read | 11 May 2021
Employee Share Schemes – Removing a contentious taxing point and reducing red tape
Insight Employee Share Schemes – Removing a contentious taxing point and reducing red tape
The proposed changes to both the tax treatment and regulatory framework of employee share schemes (‘ESS’) in Australia should be welcomed by employers and employees with tax–deferred ESS Plans.
Peter Hills
Peter Hills
| 3 min read | 11 May 2021
Brewers and distillers set to receive $225m boost in excise from Government
Client Alert Brewers and distillers set to receive $225m boost in excise from Government
Last week the Federal Government announced $225m in tax relief to small breweries and distillers as part of the 2021-22 Federal Budget.
2 min read | 11 May 2021
$100m investment into the Junior Minerals Exploration Incentive
Client Alert $100m investment into the Junior Minerals Exploration Incentive
The Australian Government announced it will invest an additional $100 million into extending the Junior Minerals Exploration Incentive (JMEI) over the next four years, to the end of June 2025.
Tom Paltridge
Brent Steedman
| 2 min read | 06 May 2021
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