Will Australia’s R&D Tax Incentive evolve? Strategic review releases issues papers

The papers contain recommendations that would fundamentally change the R&D Tax Incentive (RDTI) if enacted, writes Georgia King-Siem.

The Federal Government in 2024 initiated a strategic review of Australia's research and development (R&D) system (across all sectors and industries), also known as SERD, to identify issues and make recommendations on how to increase Australia's investment in R&D and ensure better economic outcomes from it. KPMG has been actively involved in the consultation process, highlighting the points below. Australia needs a national funding Framework for R&D to help guide and govern dec...

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Authors: Georgia King-Siem

Published Date: 01 October 2025