Ian Macdonald (Queensland, Liberal Party, Shadow Parliamentary Secretary for Northern Australia) Share this | Hansard source

My question is also to Senator Carr, both in his own right as Minister for Innovation, Industry, Science and Research and also representing the Minister for Trade, Mr Crean. I wonder if the minister could tell the Senate by what percentage investment in Australia’s biotechnology sector has collapsed since the government axed the vital Commercial Ready program, thereby breaking another one of its election promises—this one to revitalise Australia’s innovation system?