Government and business tries to learn from Turnbull-era tech failure

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Government and business tries to learn from Turnbull-era tech failure
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Like Anthony Albanese’s government, a previous Coalition government had a $1 billion plan to foster an ‘Ideas Boom’; tech sector leaders advise how to avoid failure.

federal election.

He said the $1 billion fund – part of the $15 billion National Reconstruction Fund – would be distributed in the form of loans, guarantees and equity, and was aimed at developing local prowess in areas like quantum computing and artificial intelligence, that could drive future growth.“We need to celebrate and back Australia knowhow from wherever it comes because we are problem solvers as a people; we have had to be, given our history and our location in the world,” Mr Husic said.

“If we’re worried about losing our jobs, then this is very hard to sell. This is something that we don’t have to sell to the cities, we have to sell it to the regions and bring everybody along.”

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