Australian Manufacturing Workers' Union



Submission: Research and development tax credits

Senate Inquiry into the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019

The Australian Manufacturing Workers’ Union (AMWU) represents over 70,000 workers who create, make and maintain in every city and region across Australia. The workers we represent are employed by companies that engaged in Research and Development (R&D) to improve their products and services so that they can improve productivity, grow their market and export Australian-made goods to the rest of the world.

Reduction in support for R&D sends the wrong message

The Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 (the Bill) will discourage investment in R&D in Australia, leading to some companies shifting these highly skilled, highly paid positions overseas, or abandoning them entirely. This will lead to lower productivity growth, a less a competitive Australian manufacturing industry, less investment in new and upgraded capital and, in the long run, fewer jobs and poorer wages for Australian workers.

To read the full submission click here.

Share on

Media releases

Jan 11, 2023

Workplace laws need overhaul to empower union members

11 JANUARY 2023 – The Australian Manufacturing Workers' Union (AMWU) has called for an overhaul of workplace...

Dec 13, 2022

Energy supply incentives must not become Qantas-style corporate handout

13 DECEMBER 2022 – The Australian Manufacturing Workers’ Union has urged the Albanese Government that its...

Aug 31, 2022

AMWU calls for multi-employer bargaining, reduced working week

August 31, 2022 – The AMWU is calling on the federal government to support a raft of workplace changes at...