ATSE's submission to the Department of Prime Minister & Cabinet provides detailed advice on how to regulate AI data centres and frontier model development.
Tasmania's cool climate and abundant renewable energy make the state an attractive choice for certain AI and data centre projects. However, these benefits will only be realised if the sector maintains community support.
ATSE's submission recommends refining the proposed R&D Tax Incentive reforms by more precisely targeting refundability, creating an administratively simplified stream for start-ups and small companies, creating a collaboration incentive, retaining eligibility for activities integral to R&D, and monitoring outcomes.
ATSE makes recommendations to refine the Innovative Business CGT Concession based on the views of ATSE Fellows with experience in founding, investing in and scaling innovative companies
ATSE calls for the development of a strong domestic biofuels industry to support reducing the emissions profile of Australian transport and industry.