Turnbull Government delivers $7.6 million boost to help Australian businesses bring new products to market

Twenty-two Australian businesses will turbocharge their bright ideas and take them to market sooner with a $7.6 million boost from the Turnbull Government. The businesses have all developed innovative new products but need financial support and expert advice to commercialise their ideas. The grants are provided as part of the Australian Government’s Entrepreneurs’ Programme and…

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Government enhances protections for Phillip Island small businesses

Phillip Island small businesses will have increased protections under Australian consumer law, thanks to new laws passed by the Turnbull Government. Changes to Australian unfair contract terms under consumer law will provide close to 900 small businesses on Phillip Island the same protections as available to consumers, following an extensive consultation and implementation period. This…

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Australian Financial Review Op-Ed – Why Australian innovation has to be about more than start-ups and tech companies

There is absolutely no doubt that the global economy is more competitive than ever. For Australia to remain productive and prosperous, it’s vital for business to continue to change and evolve. But when we talk about “innovation”, what exactly do we mean? Put simply, it’s about challenging the norm and doing things differently. It’s not…

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Australia steps up to prevent a world nuclear medicine shortfall

Australia is making a significant global contribution by stepping up to help prevent a shortfall in world nuclear medicine supplies with two projects worth about $170 million. Last week one of the world’s main suppliers of nuclear medicine, the ageing National Research Universal (NRU) in Canada, ceased routine production of nuclear medicine operations after about…

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