Biotechnology firm managers are no strangers to uncertainty. Uncertainty surrounding the potential payoff of an investment is common for most businesses; but biotech firms are also faced with uncertainty regarding the development of an investment. The time a new biotechnology takes to progress through the development pipeline, the costs involved, and the regulatory approval process...

This report focuses on how to protect Australia’s position as a top investment destination for biotechnology, and assesses ways to improve that position and the industry, to give Australia the best chance of competitive advantage in the future.

Executive summary The nature of work is changing. While our parents and grandparents could once expect to get a job directly out of high school and keep it for life, today’s workers cannot. Technology is partly to blame for this. Bill Gates has predicted that at least a dozen job types, like commercial pilots and...

Stamp duty contributes about one quarter of annual state taxation revenue. Given the structural challenges of state and territory budgets, calls to abolish stamp duty without proposing viable replacement revenue sources are naïve. A considered proposal, which is gaining support, is to abolish stamp duty and replace the revenue it generates through an extension of...