Treasury unveils draft legislation for depreciation of intangible assets
A consultation is now open on new rules allowing for depreciation for intangible assets, hailed as a win for startups and small businesses.
Top economists explain how the pandemic will affect the Australian economy for decades to come
The consensus of 23 leading Australian economists is that the economy will be reliant on government support for some time to come.
Half of Australians think budget support for SMEs adequate
Almost half of Australians believe this month’s federal budget provided adequate support for the nation’s small and medium businesses.
Australia needs a chief technologist to become a leading digital nation. Here’s why
CEDA has argued that the government should follow in the footsteps of countries like the US, Canada and Israel by appointing a chief technologist.
Industry expert says the patent box plan might see ‘more revenue lost than recouped’
There are many changes that will need to be made before we see a longer term payoff of the patent box plan in bringing some life back to Australian R&D.
Labor’s budget reply: Albanese promises loans for young entrepreneurs, green apprenticeships and IR reform
Opposition leader Anthony Albanese delivered his budget reply speech on Thursday, promising loans for young entrepreneurs, training for green industries and industrial relations reform.
Has the hefty 2021 federal budget done enough? Reckon CEO weighs in
Major spending on skills and hefty asset write-offs and loss carry-back schemes are key wins for SME owners in the 2021 federal budget.
Australian fashion industry receives $1 million budget boost to grow exports and create a new trademark
The federal government is investing $1 million in the Australian fashion industry in a bid to promote locally made products using a new trademark to overseas markets.
Budget 2021: What works for startups, and what doesn’t? Labor’s Ed Husic and tech leaders react
Labor's Ed Husic has joined startup leaders in welcoming some aspects of last night's budget, but saying it could have gone harder on tech.
Budget 2021: $8 million for campaign to promote small and family-owned businesses
Australians will again be urged to continue supporting local businesses, with the government setting aside another $8 million to fund a nationwide ‘shop local’ campaign.
Federal budget unpacks details of the government’s $124 million AI spend
A national AI centre run by CSIRO, and four AI and Digital Capability Centres will encourage SMEs to adopt artificial intelligence technology.
Budget 2021: $206.4 million ‘patent box’ scheme to encourage medtech and biotech investment
The federal government has pledged $206.4 million for a so-called ‘patent box’ tax incentive scheme, designed to encourage investment in medical and biotech innovation.
