Kim Carr (Victoria, Australian Labor Party, Shadow Minister for Industry) Share this | Hansard source

I would like to speak to the Tax Laws Amendment (2007 Measures No. 5) Bill 2007 and, in particular, to schedules 11 and 12—that is, those matters that amend the research and development taxation arrangements, and the establishment of an entity known as Innovation Australia. Senator Sherry drew to my attention a moment ago that this is yet another government body. We have heard already more reviews—