Treasury Laws Amendment (2017 Enterprise Incentives No. 1) Bill 2017


…This bill is part of a suite of measures reflecting this government’s core commitment to the future of Australia’s smart economy as contained in the National Innovation and Science Agenda. That agenda embraces a future of immense technological change and entrepreneurial innovation. By fostering culture and capital through tax breaks, incentivising universities and industry to collaborate, supporting talent and skills and making it easier to do business with government, the National Innovation and Science Agenda provides the blueprint to support investment and growth in innovative Australian businesses—investment which will underpin the Australian economy. It is a commitment which will support a smart future and turn around Australia’s international competitiveness as a smart economy…’

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