Australia’s manufacturing and wholesale industry stretches far and wide, covering many subsectors, product lines and locations. Today’s ever-changing global environment creates further complexity - impacting efficiency, influencing margins and exposing businesses to new risks. Moreover, the movement towards digitalisation, big data, automation, and new materials (‘Industry 4.0’) will create both opportunities and challenges.

Several key factors impacting stability in Australia’s manufacturing sector include:

• Global competition, particularly from BRIC nations
• Taxation considerations
• Currency fluctuations
• Geographical isolation
• Energy costs
• Supply chain disruption
• Trade relationships.

At BDO, our specialists can guide you through the complexities and challenges of doing business in a global, and often uncertain world. Our team delivers practical and strategic advice to help our clients identify and leverage their key competencies across the entire value chain. By blending sector experience and specialist knowledge we build long standing relationships with industry stakeholders.

We know and understand your challenges because we listen. We have experience across the following manufacturing sub-sectors:

• Food & beverage
• Resources technology & critical minerals processing
• Building & construction
• Metalworking & foundry
• Medical products
• Pharmaceuticals & medical equipment
• Refining
• Technology
• Textiles
• Defence
• Space.

No matter where you are, we will always deliver on our promises. We believe operating on-site is the only way to build relationships, understand the issues and help create solutions. Contact one of our Manufacturing specialists to find out how we can help.

Research & Development and Grants in the manufacturing sector

To be successful in today's economic environment, Australian manufacturers must embrace Industry 4.0. Investing in R&D supports innovation and builds greater resilience to changing market conditions.

Our R&D taxation specialists regularly prepare applications and obtain R&D benefits for clients. This includes activities to acquire knowledge about new or improved materials, products, devices, processes or services. We understand the R&D tax incentives system and can provide advice to suit your needs - helping you to maximise your access to these tax incentives.

We also advise on various grants programs funded by the Commonwealth and State governments - another major source of funding for R&D in Australia. Our government grants specialists can help identify and apply for grant funding relevant to your manufacturing business. For more information, contact a member of our Government Incentives team.

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Talk with our team

Please fill out our contact form or call us on 1300 138 991.