Kim Carr (Victoria, Australian Labor Party, Shadow Minister for Industry) Share this | Hansard source

My interest in the Tax Laws Amendment (2007 Measures No. 2) Bill 2007 relates to schedules 3 and 8—those amending the research and development provisions in terms of the taxation arrangements and establishing the Early Stage Venture Capital Limited Partnership scheme. May I say that it is good to finally see the latter come before the parliament. The early stage partnership scheme, for those who are not aware of it, was announced in last year’s budget, so it has taken a whole year to get the program before the chamber.