Australia R&D Changes Look Positive for CSL, Others -- Market Talk

Dow Jones05-13

Australian government changes to R&D taxation look positive for locally listed medical manufacturers, RBC Capital Markets analyst Craig Wong-Pan says. The government is increasing the amount of R&D expenditure that companies can claim as a tax offset, while also lifting R&D disbursements paid out from the sovereign Medical Research Future Fund. Wong-Pan thinks this looks like good news for pharmaceutical manufacturer CSL, breath-tech maker ResMed, hearing-implant developer Cochlear and infection-prevention company Nanosonics. From July 2028, the tax offset for experimental core R&D will rise to 50%. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 19:27 ET (23:27 GMT)

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