Australia's innovation policy a 'catch up' to New Zealand's, Joyce says

Fiona Rotherham
Sun, 13 Dec 2015

By Fiona Rotherham Dec. 14 (BusinessDesk) - Science & Innovation Minister Steven Joyce has rejected comments that Australia’s new innovation policy has leapfrogged it ahead of New Zealand, saying it was more of a “catch-up”. Australian Prime Minister Malcolm Turnbull announced 24 innovation measures last week that are expected to cost A$1.1 billion over four years to support what he called “the ideas boom”. The wide-ranging changes include more funding, tax breaks, and tax incentives, along with setting up a new A$250 million CSIRO res...

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