Simon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

The risks I see include scepticism from those opposite, who do not seem to want to embrace the government's sound innovation agenda and the plans this government is developing to lay the foundation for the future. We know that to be successful in the future Australia must be a country that is more agile. We must be a country that is more nimble. We must innovate as a nation. We must make sure that we are creative as a nation. We must make it easier for start-ups to raise capital. We must be more attractive for angel investors to invest in. We must encourage greater collaboration between business and researchers. All of those things will be part of the innovation statement that our government is developing that will be finalised during the course of this year. We have seen, through the ARC grants already provided, great capacity and skills amongst our researchers. This government is determined to support them, to work with industry to achieve even greater success in the future.