IP Australia have just released their fourth
'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 IP
Australia administers, makes for interesting reading.
The Report is aimed at promoting awareness of IP rights and
discussing the latest IP statistics. In particular, the Report
explores IP trends in Australia and notes that growth in protecting
ideas is being seen "across the board", leading the
authors to conclude that "innovation and entrepreneurship in
Australia are increasing". The Report details that trade mark
applications rose sharply in 2015, recording a 14% growth. Patents,
too, are up 10%, with designs and plant breeder's rights (PBRs)
each recording around 5% growth. The number of trade mark and
design filings are at record levels.