We handle the legals so you can focus on scaling up 😎 Learn More
IP Australia will change the cost of protecting intellectual property (IP) in Australia with its fee review, which takes effect on 1 October 2024. These fee changes are part of a routine review that occurs every four years, with the last update in October 2020. The goal of these updates is to ensure IP Australia can cover the costs of administering patents, trademarks, and design rights while keeping fees manageable for businesses and individuals.
The fee review process takes around 15 months and involves public consultation. During the 2023 review, IP Australia invited the public to provide feedback on its fee structure. Business representatives reviewed this feedback before finalising the new fees.
As part of their commitment to transparency, IP Australia published a draft of the new fees in December 2023 for public review, before making the final changes.
A key update in the new fee structure is the introduction of additional fees for patent applications with more than 20 claims. From 1 October 2024, applicants with patents exceeding 20 claims will incur an extra fee during the initial examination. If you make additional claims after the first examination, IP Australia will apply another fee at the acceptance stage. This change encourages applicants to streamline their patent applications.
To help applicants adjust, IP Australia is providing a 6-month notice period before starting examination proceedings for national patent applications (excluding expedited requests). This allows businesses time to amend their applications and potentially avoid extra costs.
IP Australia has made significant changes to trade mark opposition fees. Some of the key changes include:
The process of registering a trade mark in Australia involves several key steps:
Before you apply, it’s crucial to conduct a trade mark search to ensure that a third party with a similar registered mark won’t block your application.
After you submit the application, IP Australia will examine it to ensure it meets all legal requirements. If accepted, the trade mark will then be advertised for opposition, allowing third parties to challenge the registration.
The process typically takes at least 7 and a half months but may take longer if objections or oppositions arise. At Allied Legal, we recommend working closely with IP professionals to ensure a smooth trade mark application process and avoid unnecessary delays.
At Allied Legal, we understand that changes to IP fees can significantly impact businesses, especially startups. The introduction of new fees, like those for late evidence in opposition proceedings, highlights the importance of timely and proactive IP management.
If you’re a business owner or entrepreneur, it’s essential to understand these fee changes and plan accordingly. Being aware of the new fee structure can help you avoid unexpected costs and create a cost-effective IP protection strategy.
At Allied Legal, we’re here to guide you through these changes and navigate the complexities of IP protection. If you have any questions about how the new fees might affect your business, feel free to reach out to our expert team today!