NZ needs innovation policy refresh after Aussie 'ideas boom' package, commentators say

NZ needs innovation policy refresh after Aussie 'ideas boom' package, commentators say
Fiona Rotherham
By Fiona Rotherham Dec. 9 (BusinessDesk) - Australia’s new innovation statement, announced this week, has leap-frogged it ahead of New Zealand, which needs a policy refresh to stay competitive, say kiwi science and innovation commentators. Australian Prime Minister Malcolm Turnbull announced a series of policies this week that are expected to cost A$1.1 billion over four years to support “the ideas boom” which he said can last longer than the mining boom. That Turnbull chose to announce innovation policy as his first major initiative s...