News and Announcements
$12m R&D Tax Refund for Carnegie Wave
- Published October 14, 2015 2:23PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
14th October 2015, ASX Announcement
Wave energy developer Carnegie Wave Energy Limited (ASX: CWE) is pleased to announce the receipt of a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $12 million.
The R&D Tax Incentive provide a tax rebate to support Australian companies to undertake Australian research and development. During the year ended 30 June 2015 and prior years Carnegie incurred eligible R&D expenditure from which the tax rebate was calculated.
To read the full announcement, please click here.
Company Updates
Capital Is Flowing – Just Not to Everyone: Inside Australia’s $1.8 Billion Q1 2026
Australia’s startup ecosystem opened 2026 with a number that demanded attention. In the first three months of the year, $1.8 billion was raised across 81 venture deals and 26 accelerator rounds. That makes Q1 2026 the strongest start to a year since the 2022 boom, up 63% on Q1 2025, and more than double the […]
The control layer for the electrified home
THE MARKET SHIFT Australian households have been pulled into a real-time energy market they never knowingly signed up for. Flat electricity tariffs are disappearing. In their place: dynamic, time-of-use pricing that changes depending on when power is consumed. Electricity is now cheapest when solar floods the grid in the middle of the day — and […]
500 Million Episodes, Limited Treatment: How Patrys is Bridging the Gap in an Underserved Market
In the clinical vocabulary of the Intensive Care Unit, there is perhaps no word that carries as much quiet dread as delirium. It is a “chemical storm” of the brain—an acute dysfunction where the delicate balance between calming and activating signals is scrambled. For the patient, it can be a waking nightmare of hallucinations and […]
Backed By Leading Investment Groups and Family Offices
