Economics.com.au

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CoreEcon

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Labor have released their innovation policy (click here). I am always happy to support politicians taking innovation seriously and acknowledging its critical role in economics growth and productivity. Beyond this, the Labor plan offers only a few tweaks to current policy — mostly consolidating functions to improve effectiveness and avoid duplication. The dollars being committed are not large (except of course for broadband where they are enormous!) and so it appears that this will not be a key platform for the election. That said, higher education policy is still to come and hopefully there will be something more radical there.
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