Episode
Medical Tech Warns on R&D Tax Changes
- Published
- Jun 5, 2026
- Duration seconds
- 144
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Summary
Australia’s medical tech sector is sounding the alarm over new budget changes that threaten startups’ survival, warning that a ten-year cap on R&D tax refunds and tighter eligibility rules could cripple innovation in a field where breakthroughs take decades to materialize. Nine major industry groups have jointly urged the Treasurer to act, calling the combined impact a “triple threat” that risks Australia falling behind in life-saving medical tech. While the government claims these changes target younger firms and are part of a broader R&D boost, industry leaders argue the cuts undermine essential early-stage support — like clinical and regulatory services — that startups simply can’t afford. They’re calling for collaboration to recalibrate the policies before Australia loses its edge in global health innovation. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/296b21beee4bb238