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

Mr President, I ask a supplementary question. I wonder if the minister could indicate whether he accepts that the shying off of investment which he referred to in his answer is because the Commercial Ready program was axed by his government? I am pleased that the minister mentioned Dr Terry Cutler’s Review of the National Innovation System. I ask the minister to guarantee that he will implement the recommendation of Dr Cutler to institute a new competitive grants program for innovative businesses to replace the axed Commercial Ready program.