Date Time
CSL welcomes Patent Box Policy
CSL welcomes the Federal Government’s Budget commitment to introduce a Patent Box that will encourage onshore commercialisation and manufacture of Australian medical research.
A Patent Box policy will support local manufacturing of innovative medical products and help counter the off-shoring of Australian intellectual property (IP) and highly skilled jobs.
Australia’s policy environment for investment into commercialisation of medical research needs this reform in order to compete with countries such as the UK, Switzerland, France, Ireland, Singapore and other peer nations, which offer targeted incentives designed to encourage the commercialisation of home-grown IP.
Date Time
Business-boosting Budget will need a bigger Australia
Business investment, productivity and participation measures announced in tonight’s 2021-2022 Federal Budget will be crucial as we transition our economy from being stimulus-reliant to market driven growth.
“Incentives to increase workforce participation, promote business investment and boost productivity, crucial pillars of economic success, are the standout wins for business in tonight’s Budget,” acting CEO Jenny Lambert said.
“With widespread skills and labour shortages as a result of the prolonged international border closure and decreased labour mobility, businesses desperately need government investment in skills and to help unemployed people into work,” acting CEO Jenny Lambert said.
Annex A: rates and allowances gov.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.uk Daily Mail and Mail on Sunday newspapers.
Budget predictions: Rail clarity, nuclear commitments and net zero pledges newcivilengineer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcivilengineer.com Daily Mail and Mail on Sunday newspapers.