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Industry-Innovation-and-Competitiveness-Agenda

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Co<br />

In<br />

<strong>Industry</strong> <strong>Innovation</strong> <strong>and</strong> <strong>Competitiveness</strong> <strong>Agenda</strong><br />

TPO00007<br />

Reform Consultation pathway Projected timeframe<br />

<strong>Industry</strong> policy that fosters innovation <strong>and</strong> entrepreneurship<br />

13. Establishing <strong>Industry</strong> The Minister for <strong>Industry</strong> will<br />

Growth Centres<br />

consult with stakeholders on<br />

the implementation of <strong>Industry</strong><br />

Growth Centres.<br />

Late 2014<br />

14. Boost commercial returns<br />

from research<br />

15. Improve taxation<br />

arrangements for Employee<br />

Share Schemes<br />

The Ministers for <strong>Industry</strong> <strong>and</strong><br />

Education, supported by the new<br />

Commonwealth Science Council,<br />

will lead consultations with the<br />

education <strong>and</strong> research sectors to<br />

refine the implementation of this<br />

proposal.<br />

The Department of the Treasury<br />

will conduct stakeholder<br />

engagement to refine legislation<br />

prior to introduction.<br />

Late 2014 – late 2015<br />

Late 2014 – early 2015<br />

16. Crowd-sourced equity<br />

funding framework<br />

17. Small business engagement<br />

principles<br />

The Department of the Treasury<br />

will conduct stakeholder<br />

engagement on a potential crowd<br />

sourced equity funding regulatory<br />

framework.<br />

The Minister for Small Business<br />

will continue to engage his<br />

Ministerial Advisory Council on the<br />

application of the principles.<br />

Late 2014 – early 2015<br />

Ongoing<br />

90 <strong>Industry</strong> <strong>Innovation</strong> <strong>and</strong> <strong>Competitiveness</strong> <strong>Agenda</strong>

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