ACCI head Kate Carnell wants broader tax reform than what’s currently on the table. Mick Tsikas/AAP

There’s tax cuts and there’s tax cuts: getting big business to innovate

The major big business lobby groups have largely welcomed this week’s innovation statement, getting behind its support for entrepreneurs. One wonders why they care since it is primarily focused on research…
Prime Minister Tony Abbott says the selection of five sectors for “growth centres” is not picking winners but “playing to our strengths”. Lukas Coch/AAP

Competitiveness agenda lays path for industry‑led innovation: experts react

The federal government has released its National Industry Investment and Competitiveness Agenda, committing around A$400 million towards “industry growth centres”, new tax incentives for employee share…
Almost anything can be labelled ‘innovation’ - invention is a little harder. Shutterstock

What if we had a ‘National Invention System’?

Australia’s Senate Economics Committee is currently undergoing a review of the National Innovation System in light of the “challenges to Australian industries and jobs posed by increasing global competition…

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