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MJA Updates

Innovation and the Federal Budget of “restraint”

October 26, 2022 Kris Gale

Last night’s Federal Budget was characterised by the new Treasurer as one of “restraint”. And this appears to have applied to the R&D Tax Incentive – leaving the program untouched.  Included in the Budget announcements were some news relevant to the innovation space: •    The Government announced its flagship industry investment aimed at diversifying and transforming Australian industry through its…

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