Opposition leader Anthony Albanese has pledged to work with the tech sector to help create another 340,000 jobs by 2030 if Labor wins the May federal election. While the headline in the Opposition announcement is 1.2 million jobs, the sector already employs around 860,000 people and the Tech Council of Australia (TCA) last year set… Read more »
R&D investment in Australia has now been in decline for a decade and sits below the OECD average Labor wants to increase the figure from the current 1.9% of GDP to 3% by 2030 Businesses collaborating with universities or CSIRO scientists will receive a 10% premium R&D tax incentive The proposal is expected to cost… Read more »
Shadow Treasurer Chris Bowen delivered a scathing assessment of the government’s innovation efforts at Sydney fintech hub Stone and Chalk today as he pleaded Labor’s own “case for innovation”.
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