Official fees payable to IP Australia are changing as of
1 October 2020. In this article, we cover off the changes in
relation to patent fees only. However, trade marks, designs and PBR
fees will change also and will no doubt be the topic of other
articles across our local industry.
Whereas the economic rationale for the increases appears sound,
the timing of the changes is perhaps less than ideal. That said,
with a little forward thinking and proactive engagement from your
patent attorney, the impact of the changes can perhaps be
minimised.
Background
Following a fee structure review and public consultation in 2019
where over 80 submissions were made to IP Australia, a number of
changes to official fees have made. The fee changes are based on
the feedback from public consultation and in accordance with the
Australian Government Charging Framework and the relevant
Productivity Commission recommendations.