Our latest insights

The Australian Federal Government is ambitiously targeting 82 per cent renewable energy by 2030, currently at 30-35 per cent. Support mechanisms span grants, loans, and equity investment, nurturing diverse sectors from critical minerals to clean energy technologies.

If you performed eligible Australian-based R&D activities during the financial year ended 30 June 2023, the 30 April 2024 deadline to register your activities with AusIndustry is fast approaching.

Explore 2023 Division 7A loan rates, compliance, and tax impacts.

There is a change of pace in the FY24 grants landscape, with the State and Federal Governments announcing and opening a wave of exciting new grant programs to support priority industries and businesses.

In this episode of Navigating the New Normal, Pete Burgess, Partner in Corporate Finance, and Simone Barker, Director in Innovation Incentives, discuss how they support their clients to secure funding in order to grow.

Biotechnology organisations often grapple with three key trends – where the next round of funding will come from, how to attract specialised talent to support vital innovation, and how to tackle manufacturing and scale up. They seek stability and certainty in funding to ensure projects are supported and reach their full potential. How can the upcoming Federal Budget announcement better support this sector?

Today, Austrade announced the opening of the next round of the EMDG program.

The 30 April 2023 deadline is fast approaching for companies looking to lodge a R&D claim for the 30 June 2022 financial year.

Our Government Grants team monitors the fluctuating grants landscape and has identified some major opportunities to keep an eye on over December 2022 and January 2023.

AusTrade announced the opening of the next round of the 2023 Export Market Development Grant (EMDG) program. Applications are proposed to open for 5 weeks, from 31 May to 5 July 2022. The EMDG program is the Federal Government’s cornerstone funding program encouraging Australian businesses to seek export opportunities for their goods, services, intellectual property and software. The program allows businesses to access grants over an 8 year period, or up to a total funding amount of $770,000. The reform model is available to businesses with a turnover of less than $20m as at 30 June 2022.

Australian manufacturers have been through difficult times, particularly with the shutdown of the automotive industry, but remaining businesses are proving to be agile and resilient having already battled through lots of challenges. In addition, the accelerating pace of new technologies being introduced, combined with COVID-19 disruption and the Government’s substantial industry support, many manufacturing business models have been fundamentally challenged for the better.

Income Tax Assessment Amendment (Digital Games Tax Offset) Bill 2021: Measure for Consultation