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Joint media release Minister for Defence Industry, The Hon Melissa Price MP The Morrison Government's 2021-22 Budget is securing Australia's recovery. ....
2016 R&D Tax Incentive Review The 2016 review of the R&D Tax Incentive (the Review) concluded in April 2016 and the Review Panel s report was released in September 2016. The review looked at ways to improve the tax incentive s effectiveness and integrity, including how the focus could be sharpened to encourage additional R&D investment. You can read more about the Review and updates on the government s response on industry.gov.au. Share ....
Date Time Productivity Commission final report into National Agreement on Skills and Workforce Development The release of the Productivity Commission’s final report into the National Agreement on Skills and Workforce Development (NASWD) confirms that it is no longer fit for purpose and a new national skills agreement is needed. Minister for Employment, Skills, Small and Family Business, Senator the Hon Michaelia Cash, said the Morrison Government has commenced negotiations with states and territories. “This report shows that our world-class VET system can be improved with a more transparent and consistent funding model,” Minister Cash said. “It’s clear the NASWD is overdue for a replacement, but with a major overhaul we could achieve a better return on public investment. ....
Date Time Boosting Australia’s diesel storage The Morrison Government is taking action to increase Australia’s onshore diesel stockholdings, create jobs and keep fuel prices low for consumers. Open to applications on 11 January 2021, the Boosting Australia’s Diesel Storage program is a key part of the Government’s comprehensive fuel security package to secure Australia’s long-term fuel supply and bolster local industry. The package also includes: backing the local refining sector through a production payment that values the fuel security benefits provided by a sovereign refining capability; and creating a minimum stockholding obligation for key transport fuels. Our plan will create new jobs and protect workers in fuel dependent industries, including manufacturing, resources, agriculture and transport. ....