Month: March 2022

R&D Tax Incentive for the Manufacturing Industry

The manufacturing sector is one of the largest and most profitable industries in Australia.  Spanning everything from food and beverage, tobacco, textiles and therapeutic goods to chemicals, machinery, metals and plastics, Australian manufacturing is responsible for producing so much of the products we use for work and leisure every day. Unfortunately, globalisation of manufacturing has …

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prototype-design

Test, refine, repeat: Why you need a prototype.

Get Crucial Feedback During The Product Development Process. If you’re familiar with the Product Development Process, you’ll understand the term “prototype” and how important prototyping is throughout the entire design process. From the first proof-of-concept, right through to pre-production, prototypes that look and perform exactly like the final product help to refine and perfect the …

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CSIRO: Every $1 invested in R&D creates $3.50 in benefits for Australia.

Many Australians know that investment in innovation is a key driver of Australia’s economic growth and prosperity. Innovation helps to cultivate new ways of thinking, promotes technological development and helps us solve the biggest challenges facing society today. However, few could describe the size of the relationship between Australia’s Research and Development spending and Economic …

CSIRO: Every $1 invested in R&D creates $3.50 in benefits for Australia. Read More »