Before the Budget: Which Industries Are Winning, and Which are Left Waiting
The 2026-27 Federal Budget lands on 12 May. Before Treasurer Chalmers delivers his fifth budget announcement, we've put our cards on the table regarding which industries are positioned to benefit from serious government investment, and which will be left waiting.
Before the Budget: The MRFF Underspend and Why It Matters
The 2026-27 Federal Budget, to be handed down on 12 May, is shaping up as a possible decision point for the MRFF. Whether the government moves to lift the cap will determine not just how much funding flows into health and medical research over the next several years, but whether Australia seizes or squanders a genuine opportunity to lead in a moment when the global research funding landscape is being redrawn.
Before the Budget: What the Ambitious Australia RDTI Recommendations Might Actually Cost
Before the Budget: the Ambitious Australia R&D Tax Incentive reforms could reshape how companies access and benefit from the program. Some changes are low-cost with outsized impact, while others shift cash flow, eligibility and collaboration dynamics.
Ambitious Australia Report – Our Perspective
Australia’s R&D system is under review, with the Ambitious Australia Report proposing significant changes to incentives, funding models, and national coordination. We explore key themes, potential impacts, and what businesses should be watching next.
IGP March 2026 Funding Update
Updated insights on IGP funding trends, sector impacts, and the implications of recent cuts for early‑stage innovators
NSW Government Support for New Technology Commercialisation
New commercialisation funding opportunities have just opened for innovative, NSW-based startups and SMEs. The latest round of the MVP Ventures Program and the new Emerging Technology Commercialisation Fund (ETCF) can help eligible businesses progress their innovative technologies from proof-of-concept to market.
We’ve prepared an overview of these programs, as well as a comparison with the Federal governments marquee commercialisation support program, the Industry Growth Program.
R&D Tax Facts 2026 Issue #1
Summary of the previous quarter of developments in the world of the R&D Tax Incentive (R&DTI) program.
Sowing Ideas, Harvesting Grants: Funding Opportunities for Future‑Ready Agriculture
Government funding can provide critical non-dilutive cash for Australian companies pursuing research, innovation and commercialisation, or to drive business growth. We’ve prepared a funding program overview to help businesses in the agriculture sector navigate the opportunities available in 2026.
Upcoming R&D Tax Deadline
This is a reminder of an upcoming R&D Tax Incentive (RDTI) deadline for businesses with a 30 June 2025 year end.
How high-quality companies use government capital to accelerate growth
Government capital plays a quiet but important role in how many of today’s strongest innovation led companies grow.
When used well, it accelerates technical progress, reduces execution risk and brings forward milestones that unlock private capital and commercial scale. When used poorly, it becomes a distraction. The difference is not access to programs, but the quality of decision making around them.
Tracking the Industry Growth Program Outcomes.
Industry Growth Program Update
The Industry Growth Program (IGP) has quickly become one of Australia’s most in-demand innovation support initiatives. Since its launch in 2023, the program has awarded 96 grants totalling $143million to a range of SMEs — representing the allocation of just over 50% of the original funding pool.
This ‘halfway point’ provides a perfect moment to reflect on the outcomes and distribution of IGP grant funds to date. We’ve reviewed the available data and provided a detailed summary. The analysis highlights the urgency needed for any SMEs that are interested in the program but yet to apply, particularly given that grants can’t be accessed until an initial business advisory process is completed.
Strengthening Sovereign Capability: Inside Queensland’s $180 Million Industry Development Fund
The Queensland Government has launched the $180.6 million Sovereign Industry Development Fund (SIDF) to strengthen the state’s capacity to manufacture, supply and sustain key goods and services locally. The program supports strategic and catalytic projects in defence, biomedical and biofuels sectors to boost innovation, jobs and regional growth. To learn more read the full article here.
A National Conversation: Strategic Examination of Research and Development
The Australian Government Department of Industry, Science and Resources (DISR) has released a series of six Issues Papers written by the independent Strategic Examination of Research and Development (SERD) panel and follow analysis of a published discussion paper and public submissions feedback on how to maximise the value of existing investment in R&D, strengthen linkages between research and industry, support the achievement of national priorities, drive greater R&D investment by industry and boost innovation, and uplifting Australia’s overall R&D intensity.
R&D Tax Facts – 2025 Issue #4
Summary of the previous quarter of developments in the world of the R&D Tax Incentive (R&DTI) program.
What the Global Innovation Index Reveals About National and Industry Performance in R&D Progress and Potential
The World Intellectual Property Organization has released its 2025 Global Innovation Index, ranking 139 economies across 80+ indicators from R&D spending to VC activity and IP filings. This year’s theme, “Innovation at a Crossroads,” calls for smarter policy, deeper collaboration, and more inclusive growth.
Why Success Fees Don’t Belong in the R&D Tax Incentive
The R&D Tax Incentive is projected to reach $4.6B in public funding in 2026, and 86% of claimants rely on advisors to access it. That means our industry collectively helps steward almost $4B in taxpayer-funded innovation support each year. With that responsibility comes the need for practices that build confidence in the system, including clear and transparent fee models that align with the intent of the program.
Australia’s Next Research Infrastructure Roadmap: Highlights from the Issues Paper
The Australian Government has released the 2026 National Research Infrastructure Roadmap Issues Paper, setting priorities that will shape research investment over the next decade. This process will directly influence future MRFF and NHMRC infrastructure funding, with a strong focus on translation, digital capability, sovereign manufacturing and the research workforce.
Overview of the ‘Transforming Queensland Manufacturing Strategy 2025-30’
The State Government’s Transforming Queensland Manufacturing Strategy 2025–30 was recently announced and sets out a five-year roadmap to drive innovation, investment, and regional growth. We’ve summarised the key announcements and what it means for Queensland manufacturers of all sizes.
R&D Tax Incentive Expenditure: What's In & What's Out?
The R&D Tax Incentive (RDTI) program is a popular, broad-based funding program that covers a diverse range of industries and experimental work. It allows companies to offset certain costs incurred on eligible research and development activities each year. However, not all expenditure can be claimed, and there are a range of expenses that are excluded from being eligible R&D expenditure under the program.
Bringing Forward the R&D Tax Incentive and The Role of R&D Financing
For many Australian innovators, research and development is both the lifeblood of their business and one of its largest expenses. The R&D Tax Incentive (R&DTI) is designed to offset some of these costs, returning up to 48.5% of eligible expenditure to small and medium enterprises as a refundable tax offset. However, the timing of this refund can present a challenge. R&D financing has emerged as a way to address this timing gap.