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Australia to reform R&D Tax Credit
23 Dec 2009
In what is regarded as the biggest reform to Australian business innovation policy in over a decade, the Australian Government has released draft legislation for a new R&D Tax Credit.
Australia to increase size of Foreign Investment Review Board
21 Dec 2009
The Australian Treasurer, Wayne Swan, has announced an increase to the size of the Foreign Investment Review Board from three members to four, in 2010.
Australian Government to provide Capital Gains Tax relief for water entitlements
18 Dec 2009
The Australian Government is planning to widen the Capital Gains Tax (CGT) relief available to irrigators and other operators.
Australian Government publishes Pocket Guide to Australian Tax System
17 Dec 2009
The Australian Tax office has published a Pocket Guide to the Australian Tax System which can be downloaded as an Acrobat PDF or in Microsoft Word.
New bioscience research centre benefits Australian clinical trials sector
16 Dec 2009
An $11.2 million cutting-edge bioscience research facility, just opened at Victoria’s Monash University, will benefit the Australian clinical trials sector.
IBM opens new IT Service Centre in Australia
14 Dec 2009
The US business and software giant, IBM, has opened a new state-of-the-art facility in Australia.
Australia invests in renewable energy
11 Dec 2009
Australia is investing in renewable energy with four commercial-scale renewable energy projects receiving a combined government grant of $235 million.
Australia slashes red tape on excise tax
10 Dec 2009
In a move which slashes red tape on excise tax and will reduce compliance costs for business, the Australian Government has announced that the Australian Taxation Office will now have sole responsibility for the administration of all excise-equivalen ...
Indian Bank opens in Australia
9 Dec 2009
The Indian state-owned Union Bank of India (UBI) has established a foothold in Australia, opening a representative office in Sydney.
Construction commenced on Australia’s largest ever resources project
7 Dec 2009
The $43 billion Gorgon Gas project, located on Barrow Island in north Western Australia, will also be the world’s largest for Carbon Capture & Storage (CCS).

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