It's all about innovation at the moment in Australia. The Federal Government has just released a statement to increase innovation across the board. Prime Minister Malcolm Turnbull said on Monday that "innovation is a big cultural measure, it is something that we need."
So what is the Government doing? It's announced a step of measures including tax breaks and rebates , limited director liability for start-ups, university funding incentives, visas for special talent, a cyber-security growth centre, a new Government Board to focus on innovation, and a massive financial boost to the CSIRO.