Press Room

“Without stability and clarification on the R&D tax incentive scheme, our industry and wider economy is at risk of stagnating. Many Australian tech companies rely on the initiative to help grow their businesses. Without dedicated financial support, it impacts our nation’s ability to support emerging innovation, propel global growth and build a favourable business environment.

Ahead of the election, we need our political leaders to champion R&D in Australia by implementing effective programs to encourage the development of pioneering products and services. In a world where technology is driving unfathomable, brilliant transformation across countless sectors, it has never been more vital for the government to prioritise the tech ecosystem. This will go a long way in fostering greater benefits for the wider Australian economy.

That said, we are pleased to see the introduction of Skill Organisations. We hope that this development of training packages for high demand skills will help in fostering a more needs-based approach to skills development, particularly for disadvantaged job seekers and those starting their careers. This is a welcomed announcement, ensuring that students have a wide range of employment opportunities available, regardless of their location, access to training or advantage.”