Cutler Report due out this afternoon

Senator Carr has announced that the Cutler Review Green Paper will be released this afternoon. It's very hard to speculate, and probably risky to do so, but perhaps there will be a recommendation on and increase in the rate of the R&D tax concession?

Of course, there remains a risk that the scope of the program may be reduced to fund that change - an approach that would be a backwards step for the National Innovation System.

So, it's sounds as though it's safe to start the countdown again...