News and Announcements
Carnegie Wave Energy Receive $3.9 Research and Development Tax Refund
- Published January 29, 2015 11:54AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
ASX Announcement, Thursday 29th January
$3.9m Research and Development Tax Refund
Wave energy developer Carnegie Wave Energy Ltd (ASX: CWE) is pleased to announce the receipt of a Research and Development Tax Incentive cash rebate from the Australian Tax Office of $3.9 million.
The R&D Tax Incentive provides a tax rebate to support Australian companies to undertake Australian research and development. During the year ended 30 June 2014 Carnegie incurred eligible R&D expenditure from which the tax rebate was calculated. The net rebate that Carnegie recieved for the year ended 30 June 2014 of $3.9 million represents an increase over the previous year of $1.6 million.
Based on current forecasts Carnegie estimates the financial year ended 30 June 2015 will likely deliver a cash rebate of between $8 and $10 million.
To read the full document, please click below.
Company Updates
Built on discipline, not complexity: inside an ASX equities income strategy
Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Where’s the beef? Blackstone just answered the AI question.
In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]
Backed By Leading Investment Groups and Family Offices
