A wake-up call for Australian start-ups

Why is the federal government pouring $20bn into medical research but has slashed start-up and innovation programs in half? Perhaps the answers can be found within the sector itself.

Despite all the one-liners about innovation and self-reliance, about lifting and learning, and about businesses producing goods and services that people actually want, Joe Hockey’s budget speech missed the bigger picture: that of an innovation-driven, more entrepreneurial, and globally competitive Australia.

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