Cuts to the R&D tax incentives for Australian businesses - as proposed by the Business Tax Working Group - have significant implications for our future economic wellbeing. Image from www.shutterstock.com

Scrapping the R&D tax incentive is hardly a smart idea for economic policy

The Business Tax Working Group discussion paper’s suggestion to reduce the R&D tax incentive reveals a clear-cut attitude to policy aimed at Australia’s economic development: “It’s all about the tax…

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