I thank Senator Reynolds for her question and her ongoing passion and commitment to innovation, particularly in her home state of Western Australia. I can inform the Senate that, yes, the Minister for Industry, Innovation and Science recently launched the Landing Pad initiative. It is part of our National Innovation and Science Agenda to drive a new boom to generate jobs and prosperity for all, as mentioned by our leader in this place earlier on.

The agenda commenced with $1.1 billion of funding initiatives to support Australian start-ups and innovators.