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2012-2013 Expenditure stats

Total claimed: $551.3 M
Statistics sourced from InnovationAustralia Annual R&D Tax Incentive Report 2013-14

About this sector

This industry includes agricultural businesses that grow crops, and/or looks after farm animals. Agriculture businesses are constantly improving efforts to increase yields while reducing cost. Improvement of quality, productivity and energy or water efficiency for crops and animals are some of the key drivers in research and development in this industry. Testing must be documented with trials, emails, results, and external research validation.

 

Examples of what could be claimed

  • Development of new or improved product formulations
  • Use of new food processing technology
  • Improved quality of product
  • Developing farm management systems to track cattle or vehicle movements

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