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Tesla's Robyn Denholm is an awkward choice to lead Australia's R&D review

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The article from Crikey discusses the appointment of Robyn Denholm, Tesla's chair, to lead a review of Australia's research and development (R&D) tax incentive. This choice is considered awkward due to Tesla's history of tax avoidance and its minimal investment in R&D, which contrasts with the goals of the review. Tesla has been criticized for not paying significant taxes in Australia despite its substantial profits, and its R&D spending is notably low compared to other tech giants. The review aims to enhance Australia's innovation landscape, but critics argue that Denholm's involvement might not align with fostering genuine R&D growth, given Tesla's practices. The article highlights the irony and potential conflict of interest in having a representative from a company known for tax strategies that minimize contributions to public funds, now tasked with advising on how to boost national R&D efforts.

Read the Full Crikey Article at:
[ https://www.crikey.com.au/2024/12/04/tesla-robyn-denholm-awkward-choice-australias-research-development-review/ ]