tax incentives Archives

FinTech Australia’s pre-budget submission warns of ‘two-speed’ ecosystem hurting new startups without R&D tax incentive reform

Startup Daily - March 17, 2025 2 MIN READ

FinTech Australia is calling for an urgent recalibration of Research and Development tax incentives (RDTI) and the Early Stage Venture Capital Limited Partnership (ESVCLP) Program in its submission to treasurer Jim Chalmers ahead of the federal budget next week The peak body’s 21-page pre-Budget submission makes 11 recommendations to Treasury, arguing that with the right… Read more »

Investing

ESIC – why these four letters get angel investors excited and what founders need to know about them

Warwick Donaldson - May 14, 2024 8 MIN READ

Startup investing is risky AF and it’s also very beneficial to the Australian economy so the government has a number of different incentives to encourage it. Today, we are going to talk about one of these incentives called “Early Stage Innovation Company” (ESIC) which targets angel investors. If the stars align, then ESIC could mean… Read more »

Topic

Labor wants to increase R&D investment to 3% of GDP in a decade

Simon Thomsen - May 8, 2019 3 MIN READ

R&D investment in Australia has now been in decline for a decade and sits below the OECD average Labor wants to increase the figure from the current 1.9% of GDP to 3% by 2030 Businesses collaborating with universities or CSIRO scientists will receive a 10% premium R&D tax incentive The proposal is expected to cost… Read more »