Top 10 initiatives from the Turnbull government’s $1b Innovation Statement
Prime Minister Malcolm Turnbull and Minister for Industry, Innovation and Science Christopher Pyne yesterday unveiled the Federal Government’s highly-anticipated Innovation Statement with the comment, “welcome to the ideas boom”.
As the Turnbull government's first major policy document, it is expected to involve the investment of $1.1b over four years across a range of industries. Mr Turnbull believes the plan will drive innovation in government, promote a culture of entrepreneurship and place innovation at the heart of everything we do in Australia.
Australian businesses, particularly start-up companies and those in the technology sector are set to benefit from the initiatives. We have highlighted our top 10 opportunities below.
