In this Australian Business Podcast episode your host Owen Rask speaks with Intellectual Property (IP) experts Lachlan Lo and Patrick Johnson from IP Australia. IP Australia is the Australian government body that administers intellectual property rights and legislation relating to patents, trade marks, registered designs and plant breeder's rights in Australia. VIDEO VERSION: https://youtu.be/Rf6lGKGl3Z4 Why does this matter? Only 4% of small-medium businesses in Australia have a trademark 😬 Talking points: What is the role of IP Australia and more broadly, what is IP? Why would a business get a trade mark? TM Checker What’s the difference between a trade mark and copyright? There are a large number of registrations a small business needs to think about when setting their business up - how do trade marks fit in with other business registrations? Business names Domain names Google adwords Can you tell me more about what a patent is? You mentioned the look of a coffee pod for a design earlier - how does that differ from a patent? Plant breeder rights - what the... A business gets a registered IP - then what? Enforcing IP Future of IP protection Where can our listeners go for more information? Australian Business Podcast resources IP Australia website TM Checker Owen Rask’s free business course Ask a question Get a business health check from Grey space This Australian Business Podcast Episode is for founders, business owners and investors in private companies. Join 2,300+ students in our free business course! If you liked this episode, don’t forget to consider taking our free business course and tuning into the Australian Business Podcast episode one, in which I shared my journey. Love the Australian Business Podcast? Let me know about it by leaving a review on Apple or Spotify. If you want to help me out with the course, right now the best thing you can do is subscribe and review this podcast in Apple or Spotify. Please use the “Ask a question” menu link on the Rask websites, or leave your questions in the Apple Reviews. ✅ Grey Space Advisory – accounting today for a smarter tomorrow Do you get stuck worrying about your business’ finances? Or what needs to be paid to ATO, employees, Super funds and so on? The Australian Business Podcast is proud to announce that our sponsor, Grey Space Advisory, is offering all business owners a financial health check. Jordan and Danil’s expert team of accountants will conduct a review of your tax structure, bank set-up, ATO obligations and reporting, business insurance and provide some advice on how to manage all of this — for just $99! Book a $99 business health check with the Grey Space Advisory team and tell them Owen sent you. ☕️ Rumble Coffee Roasters — our OG sponsor & coffee genius! Rumble Coffee Roasters is dedicated to helping you drink better coffee. Knock-out blends, world-class single origins, bold espressos and flavour-filled filter roasts. Rumble Coffee prides itself on personal relationships with producers and customers alike. Tell them Rask sent you. *** The information on this website and in our podcasts is general financial and tax information only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser or tax agent. Learn more about your ad choices. Visit megaphone.fm/adchoices

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