AusIndustry …..……… The Single Business Service
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In the last Budget, the Australian Government introduced a new ‘Single
Business Service’ to make it easier for businesses of all sizes access
government information, services and programmes
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The Single Business Service
is made up of:
o An improved online presence
www.business.gov.au
o A contact centre
Phone 13 28 46
o An expert face-to-face national
business facilitation network - AusIndustry
Entrepreneurs’ Infrastructure Programme (EIP)
$484.2m to help Australian businesses to Innovate and Grow
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EIP is a flagship initiative for business competitiveness
and productivity at the firm level
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Services & grants are available via 3 elements:
o Business Management
o Research Connections
o Accelerating Commercialisation
Innovation and R&D
R&D Tax Incentive Programme
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The Australian Government’s main programme to encourage business
investment in R&D (especially SMEs)
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Broad based, market driven entitlement programme
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Two Components:
o 45% refundable tax offset (150% if an aggregated turnover under $20m)
o 40% non-refundable tax offset (133% if turnover over $20m)
The Growth Fund
$155m Growth Fund
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Supports employees, businesses and regions affected by the closure of
Australia’s car manufacturers
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Part of Government’s Industry Innovation and Competitiveness Agenda
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Elements include:
o $20m Automotive Diversification Programme
o $60m Next Generation Manufacturing
Investment Programme
o $30m Regional Infrastructure
Programme
Linking Business, Researchers & the Community
Cooperative Research Centres Programme
• CRCs help commercialise leading edge research from Universities
• 35 current CRCs
• Australian Government has
committed over $4bil to CRCs
• Industry and research partners
have contributed over $12bil
Lifting Productivity & Competitiveness
$188.5m Industry Growth Centre Initiative for 5 Key Sectors
Growth Centre Chairs
Announced
Public facilitation process to form
Growth Centres in April & May 2015
Training and Mentoring For Businesses
$476m Industry Skills Fund
The $476mil Industry Skills Fund – Growth Stream will:
• Provide up to 200,000 training places and support services, including literacy
and numeracy and mentoring over 4 years
• Support SMEs (inc micros) to diversify and improve competiveness
• ISF will support firms building a highly skilled workforce via access to
innovative / RTO delivered training (co-contribution model)
o Skills Advice
o Training Grants
Tradex
Imported goods to
be exported in the
same form
OR
Up front exemption
from Customs duty
(5%) & GST (10%)
Cash flow benefit
Imported goods
to be exported in
modified form; OR
used as inputs into
the manufacture
of other goods
• Entitlement Program for individuals / firms
• Export within 12 Months (can extend)
• 1500 customers receive $175mil @ year
Summing Up
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AusIndustry is The Single Business Service
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Information on all our Programmes
www.business.gov.au
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Register for programme updates!
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Or call our contact centre
Phone 13 28 46
AusIndustry – The ‘Single Business Service’
Helping Australian Firms on their Business Journey