Andrew Forrest

Andrew Forrest poached a key RBA exec to lead his Fortescue Future Industries green fund

- March 12, 2022 3 MIN READ

The Reserve Bank of Australia was roiled on Thursday by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days’ notice. Dr Debelle said that he was resigning to become chief financial officer of Andrew Forrest’s Fortescue Future Industries, a company investing in zero-emission technologies such as green hydrogen. The… Read more »


The Budget’s ‘patent box’ plan is so poorly designed, it’s more likely to help multinationals reduce their tax bill than boost startup innovation

- May 19, 2021 3 MIN READ

On budget night federal Treasurer Josh Frydenberg announced Australia is getting its own “patent box”. What is a patent box? Despite its odd name, it is a relatively straightforward concept. It means lowering the tax rate on all income derived from patents registered in a nation. About half the members of the European Union, Britain… Read more »