Tax cuts for SMBs and increased access to startup investment are both key features of the 2016 federal budget, announced by Treasurer Scott Morrison on Tuesday night. But peak industry bodies have described the budget as a "missed opportunity" to support startups.
Data61 wants to actively pursue opportunities overseas and become a global research and development hub for corporates, CEO Adriana Turner said today.
The Federal Opposition has proposed new policies encouraging more investment in startups, and to spread innovation support across Australia and overseas.
The company has secured $12m worth of state and federal grants in the past week