Industry, science & resourcesAgencyExists today
Industry Innovation and Science Australia
IISA · Industry, Innovation and Science Australia
11 September 2021 – present
Previously Innovation and Science Australia (2016–2021).
Independent statutory board that registers research and development activities for the R&D Tax Incentive and oversees venture capital programs, supported by the industry department's AusIndustry division.
Names over time
- Industry Research and Development Board1986–2007
- Innovation Australia2007–2016
- Innovation and Science Australia2016–2021
- Industry Innovation and Science Australia2021–present
How it came into existence
Created on 11 September 2021 when the Industry Research and Development Amendment (Industry Innovation and Science Australia) Act 2021 renamed Innovation and Science Australia, refocusing the board on industry and its program responsibilities.
Legislation: Industry Research and Development Act 1986
Main functions
- Registration of activities under the R&D Tax Incentive
- Findings on the eligibility of research and development activities
- Registration and oversight of venture capital limited partnerships
- Oversight of pooled development funds
Where it sits
In the portfolio of Department of Industry, Science and Resources.
Lineage
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Sources
Primary sources
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 30 September 2021 to the latest release (30 June 2026))
- Industry Research and Development Amendment (Industry Innovation and Science Australia) Act 2021