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Australia to plough A$1.1b into switch from mining to tech

Country consistently ranks last or second-last among OECD countries for business-research collaboration

Published Mon, Dec 7, 2015 · 09:50 PM
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Sydney

PRIME Minister Malcolm Turnbull on Monday unveiled a A$1.1 billion (S$1.12 billion) package to boost innovation in Australia, using his first major economic policy statement since becoming leader to map out a pathway beyond the country's fading resources boom.

The plan's in…

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