Gov’s Innovation Fund slammed + 280 characters ought to be enough for anybody
By Craig Daveson, Phil Sim and Jonas Lopez in Epitome on Thursday, 28th September 2017 at 11:57amBusiness | The Australian landed a prized tech scoop on the front page of the paper this morning, but it didn’t come via one of their tech reporters. Rather, political reporter Primrose Riordan was first to get her hands on a damning report from the Australian National Audit Office which “has questioned the economic impact, policy basis and preparation of the Turnbull government’s centrepiece election policy: a $1.1 billion innovation fund that promised to transform the economy”.
The report says the program was hastily conceived, without the necessary metrics or detail that you might expect of a billion-dollar public spending project. In other words, it was basically a failed political stunt. The question that the report leaves hanging, though, is where does...To continue reading this article...
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