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Written by : Blanca Skahan |
Current : 1720 |
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hello and welcome to the 2021 australian intellectual property report now 2020 was an unprecedented year with significant economic shocks triggered by the covent 19 pandemic this impacted business operations and disrupted supply chains around the world the global uncertainty has also changed the way individuals and businesses engage with australia's ip system we saw a decline in patent and design filings from 2019 levels of two and four percent for patents this was attributed to reduction in filings from australia for designs the slowdown in international trade has had a real impact plant breeders rights backed this trend and grew 12 but from decade low filings in 2019 mainly driven by non-residents but the standard performer in 2020 was trademarks they grew eight percent compared to 2019 and largely driven by filings originating australia moreover the biggest peaking applications came from new south wales in victoria during the victorian lockdown september 2020 recorded the most trademark applications from those two states ever ninety-four percent of all trademark filings came from small medium enterprises and that's been rising over the past decade to a peak this year the top five domestic australian trademark applicants in 2020 are blue scope steel australia blue moon aristocrat technologies kohl's group and pinnacle liquor group internationally koawai novartis apple amazon and johnston johnson were the top five applicants for patents australia continues to be a net importer of ip with 92 of patent filings coming from overseas the us contributed 45 percent of these applications applications coming in from china came second japan german and uk round out the top five countries of origin australia's leading patent founders aristocrat technologies the csiro breville the universities of sydney and monash university the top five international finders are concentrated in smartphone manufacturing and telecoms guangdong oppo mobile telecommunications a leading smartphone manufacturer in china maintained its top position from 2019. other top fires include lg electronics huawei apple and qualcomm unsurprisingly perhaps recording telecommunication and data process equipment was also the second most filed type of design right the top design class was the means of transport and hoisting and that includes all land sea air and space vehicles and their component parts the list of top australian applicants is predominantly producers of textile goods australian based fashion label zimmerman ware retained its top position in 2020 new to the top five and in second place is the menswear label industry clothing and they mainly make packaging designs for plant breeds rights three australian companies tied for bragging rights of being the highest fire in 2020 australian grain technologies new floor international and plant growers australia rolf nominee and australian mr ian schimann rounded out the top five domestic fighters the united states and netherlands continue to be the top main overseas origins for applications for international applicants reiki svan a dutch vegetable breeding company was a top pvr fighter eden collection also from the netherlands and the university of california tied for second place we are excited to include the chapman copyright in the ip report this year contributed by colleagues at the department of infrastructure australian industries that rely on corporate protection include press literature radio and video game an estimate suggests that copper industries account for eight percent of total employment in australia and they generate 4.8 billion dollars in exports the copyright chapter in this year's report looks further into online infringement and the impact of kobit 19 on these industries finally we feature new research undertaken by ips australia into our exporters response to economic shocks and how holding trademarks makes businesses more resilient to shocks the research looks at manufacturing firms without trademarks overseas and find they're more likely to become exporters or they earn more from exports and they respond to exchange rate shifts by diversifying their exports i hope you enjoy the 2021 ip report please write any feedback or comments by email or phone using the details provided happy reading
Thanks for your comment Leif Ferraiz, have a nice day.
- Blanca Skahan, Staff Member
there is still healthy demand for property in the market in july we had our highest listings market since july 2015. uh in june it was higher than highest since 2013. we saw a highest audience levels in july since march and we sent out two million buyer enquiries to our customers in july so the demand for property is still there and yes there are fewer buyers at this time last year but i think the supply demand equation is back in balance and there are some really strong fundamentals that we think will underpin that demand for property the the first is record unemployment which we all know is the lowest since about 1974. our household savings are still very strong and we're going to see increasing immigration come through all of those things will underpin demand and then of course then there's the rental market we're seeing very low rental vacancies and doubled in rent increases across many markets in the country that coupled with falling house prices is inevitably going to bring investors back to the market we know that the rba is currently in a tightening cycle with respect to rates is there a risk that it'll tighten too quickly in your opinion and potentially bring the property market undone oh look i would think the rba know what they're doing i'd like to think they do i think we will see smaller increases than we've seen in the past months as they let the impact of those flow through um you know our view is that they are doing it sensibly it needed to happen um we've got to get inflation under control we're not forecasting massive drops in in house prices over the next 12 months we're looking at about five to ten percent and it's important to put that in context because we've had significant rises in house prices over the last two years if we have a five percent drop in house prices from here that really only takes us back to august last year and a 10 drop in house prices would take us back to about may last year so it's really just kind of knocking the froth off the market that we've seen in the past 12 months are you confident that uh households are going to be re able to repay debts if the cash rate reaches either three or in excess of three percent you touched on before that you felt confident about household savings but what if the cash rate goes to three or beyond well it's what's happened in the last two years is that everyone who's got a loan um from any lender in the past two years has had five percent interest rate as the rate that they've got to be able to service at and so consumers should be able to service you know mortgage rates up to five percent you you're right beyond that that might become a stretch but they have record levels of household savings particularly mortgage offset accounts which should buffer against that coupled with low unemployment and i think everybody is forecasting wage increases to start to to flow through in the coming 12 months again which which should cushion most consumers from rate rises so how is the business being impacted by the tight labor market and how is it handling wages and any wage cost pressures we've definitely seen particularly in our sector uh the tech sector uh strong competition for talent and you know wage growth in excess of what's been happening in the economy in our sector over the past probably two or three years we've already locked in our wage increases for 2023 and we've locked that in below the level of inflation and what we have seen in the past two to three months is a softening in that demand in our space and we are seeing what we're calling a flight to quality as talent in the market it decided to move towards more quality places to work as funding dries up for some of the startups in the economy finally owen what is the outlook for rea group well we believe we've got a strategy that is going to deliver continued growth we put new products into the market in the current financial year which will deliver growth into fy23 and beyond and we we've guided the market uh for the new financial year fy23 that we will have double-digit uh yield growth in our products and double-digit revenue growth so we're we're very excited about 23 albeit it is going to be in a much more subdued property market owen wilson it's been great talking to you thank you for your time thanks catherine you
Thanks iz1zav your participation is very much appreciated
- Blanca Skahan
About the author
I've studied military psychology at New Mexico State University in Las Cruces and I am an expert in family systems theory. I usually feel hot. My previous job was orthodontist (md) I held this position for 13 years, I love talking about air sports and beat making. Huge fan of The Jackson 5 I practice equestrian: eventing and collect cracker jack prizes.
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