Innovation agenda to be released

Christopher Pyne is preparing to release the government's innovation statement, which is expected to include changes to tax breaks.

Minister for Industry Christopher Pyne

Minister for Industry Christopher Pyne Source: AAP

Details of the federal government's innovation agenda, expected to include tax-breaks, will be finally unveiled next week.

Prime Minister Malcolm Turnbull and Innovation Minister Christopher Pyne will announce the national innovation and science agenda on Monday.

It's expected to include significant tax changes to help support start-ups and a shake-up of corporate laws to encourage businesses.

Mr Pyne has previously said the agenda would also address the raising of capital, the commercialisation of research and work to bring talent back to Australia, citing the presence of 20,000 Australians in Silicon Valley.


Share
1 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world