Ann: FY22 Q1 Results - Investor Presentation, page-258

As per ATO (link provided in my post above)

R&D non-refundable tax offset
If the offset is a non-refundable tax offset, it is applied before refundable tax offsets and tax offsets that arise from paying franking deficit tax but after all other tax offsets, such as a foreign income tax offset. An R&D entity can carry forward a non-refundable tax offset to a later year if it satisfies the standard tax offset carry-forward rules.