Australian Intellectual Property Report2023The2023Australian IP Report provides IP for a skilled, diverse, and productive economy.
IPAustraliahave just released their eleventh edition of the 'Australian Intellectual Property Report'[1] (the Report), and for those with an interest in the number of filings in the various categories of intellectual property (IP) which IPAustraliaadministers, makes for interesting reading. The Report, which is titled "IP for a skilled, diverse and productive […]
Now in its 12th year, IPAustralia'sAnnual IP Report provides insights into the interplay between IP rights, innovation and the broader economy. Presenting the latest statistics on intellectual property filings, the 2024 report highlights a notable increase across all registered IP rights (design registration, applications for patents and fortrademarks).These filing stats suggest ...
According to the report,Australiasaw significant growth in applications fortrademarksin2023. Businesses of all sizes - from multinational corporations to local sole traders - are proactively investing in registeredtrademarkprotection for their brand assets.
The Australian economy is robust and remained resilient during the pandemic, however the first quarter of2023highlighted the challenges ahead with the rising cost of living and tighter monetary policy implemented by the Reserve Bank ofAustralia. Following two years of consecutive growth above 8%, Australiantrademarkfilings fell by 11.2% from their record level in 2021.
