Arthur Sinodinos (NSW, Liberal Party, Minister for Industry, Innovation and Science) Share this | Hansard source

In addition to our investment in quantum computing, the Turnbull government has substantially completed the implementation of our National Innovation and Science Agenda. We've established new tax incentives for early-stage investors. We've changed the rules surrounding venture capital limited partnership. We've launched the $200 million CSIRO Innovation Fund to support new spin-off companies from Australian research institutions. We've established the $500 million Biomedical Translation Fund to commercialise medical discoveries. We've launched the Cyber Security Growth Network to help our businesses take advantage of a growing international market. We've set up a digital marketplace to make it easier for small to medium enterprise to compete for Australian government IT contracts. We're supporting Australians, particularly schoolchildren, to develop the skills they need for the jobs of the future, targeting digital literacy and encouraging participation in science, technology, engineering and maths. And there's more to come.