Innovation Nation?


The Government's National Innovation & Science Agenda (Innovation Agenda), released on 7 December 2015, sets out a number of proposed changes aimed at improving the regulatory and tax landscape for start-ups in Australia. These changes are designed to promote Australia as a hub of innovation and entrepreneurship and give Australian start-ups an additional helping hand in attracting and retaining the best talent on a global scale.

While the changes are all still in proposal form and legislation is yet to be drafted, there are a number of key proposed changes that will make investing in start-ups more attractive and begin to rejuvenate the Australian innovation landscape.