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• As at 31 October 2008, a record number of 6,944 companies have been registered, with reported R&D expenditure of $12.3 billion for the 2006-07 income year. This compares with 6,390 registrations and $9.7 billion in reported expenditure for the same period last year.

• Of the 6,944 registered companies for 2006-07, 21 per cent were new registrants. The comparable figure for new registrants for 2005-06 was 19 per cent.

• Companies with less than $5 million pa turnover represent the largest group of registrants (64 per cent) for 2006-07, while companies with turnover of more than $50 million comprise 16 per cent.

• The average reported R&D expenditure for companies for 2006-07 is $1.7 million, compared with $1.5 million for 2005-06.

• In the period 1 July 2008 to 31 October 2008, 96 per cent of paper applications were registered within 30 days and 94 per cent of electronic applications were registered within 10 days.

• For the 2006-07 income year, 2374 applications were received via electronic transfer – this represents 34 percent of the total number of applications (6,944) – 66 per cent were paper based applications (4620).

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