Arthur Sinodinos (NSW, Liberal Party, Cabinet Secretary) Share this | Hansard source

San Francisco is not the only place that Australia wants our innovators working on world-leading ideas. Israel has proven itself to be a leader in innovation. That is why Australia will also have a Landing Pad in Tel Aviv. Further, the Australian government has allocated $11.2 million in the budget for Austrade to launch three further Landing Pads around the world. The location of these additional Landing Pads will be decided and announced in due course. My colleague, the Treasurer, recently announced in Shanghai that that was being considered for a Landing Pad, and we are looking at other locations in Asia and in Europe.

So the ideas boom will not be limited to Australia. Global collaboration in innovation will be crucial to our success in this space. Ensuring our innovators are connected and competitive in the world will be key to our success.