The difficulty in patenting computer-implemented inventions has been experienced by many would-be inventors. There are many hoops through which the invention must jump before it is deemed patentable. IP Australia has a non-exhaustive list of criteria for determining patentability of computer-implemented inventions, including questions such as is the computer-implemented method...
Patent Box Scheme Update
On 10 February 2022, the Treasury Laws Amendment (Tax Concession for Australian Medical Innovations) Bill 2022 was introduced to Parliament. More widely known as the Patent Box scheme, this bill is designed to encourage the commercialisation of Australian biotechnology and medical inventions. The 2022-23 Budget has now also made certain...
Australian Innovation Patent System: Final Weeks
The 18-month phase out period of the innovation patent commenced in February 2020 which means that those interested in filing an innovation patent now have until 25 August 2021 to do so.
Patent Box Policy: Federal Budget
The 2021-22 Federal Budget announcements could have significant implications for patent owners and the commercialisation of your invention.
Innovation Patent System Phase Out
The Australian Federal Government’s recently proposed legislation to phase out the innovation patent system. An innovation patent is similar to Utility Model protection that is provided in a limited number of other countries. Unlike Standard Patent protection, an Innovation Patent has been useful to protect innovations that may lack inventive...
Patentable Computer-Implemented Methods and Software
In today’s information society, we cannot live without computers and computers need software[1]. Computer hardware is more likely to be patentable subject matter than software. Patenting software enters the realm of trying to protect methods similar to thought processes and has met with resistance from the judiciary in recent years.[2]....