Innovation statement: Malcolm Turnbull to unveil $1b package including entrepreneur visas, cash for CSIRO

"In his first major economic statement as Prime Minister, Malcolm Turnbull will today unveil a $1 billion plan to foster greater innovation across 11 different Government portfolios. Among the measures will be a $100 million boost for the CSIRO, which was hit by around $110 million in funding cuts in the 2014 federal budget. The Government will unveil plans in the areas of tax, research infrastructure, and education in the STEM subjects - science, technology, engineering and maths - in a bid to "kick start an innovation culture"." Read more

Peta Donald ABC 7 Dec 2015