The latest whispers reaching us suggest that the federal government's response to Venturous Australia, also known as the Cutler Report, will not be public until late March 2009.
With talk of business and investment stimulus packages currently being developed I was hopeful that the policy would be announced sooner. This rumour, combined with the announcement that the budget will now be in deficit, compounds the likelihood that initiatives in the innovation policy will perhaps be more modest than Venturous Australia recommends.
Moreover, we anticipate a staggered introduction of initiatives, with some immediate, some in the 2009/10 federal budget and others not implemented to 2010/11.
Those readers with a keen eye will observe that this is a very interesting timeline given the Australian electoral cycle. Engaging the opposition parties on this subject would seem prudent. After all, knowing what will and will not meet with bipartisan support is going to be a key in understanding what investments will be made in our innovation policy over any workable timeline - particularly the ten year horizon that the Minister has mentioned.
I'll keep you up to date on developments.
0 comments:
Post a Comment
Please provide your comments :)
Comments will be moderated to prevent spam.