Original article by Michael Bailey, Joanna Mather
The Australian Financial Review – Page: 1 & 6 : 29-Sep-16

The Federal Government wants to encourage large companies to be more technologically innovative. The existing research and development scheme was reviewed by Innovation Australia chairman Bill Ferris, chief scientist Alan Finkel and Treasury Secretary John Fraser, who recommended doubling the value of tax breaks for large companies to a maximum of $A17 million a year. They also proposed an annual cap of $A2 million on cash claims by smaller companies.

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INNOVATION AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. OFFICE OF THE CHIEF SCIENTIST, DULUXGROUP LIMITED – ASX DLX, CSIRO