Get in quick – Uncle Kev is handing out more cash – except this time it might actually create some longer term economic benefits. Shame all the “stimulus” payments weren't rolled into this fund. My eyes bleed at this lost opportunity…

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Scott Brown Reply:
April 30th, 2010 at 8:16 am

Karl, don't forget, the government's stimulus package was twofold – first was the immediate injection of funds into the economy, needed to restart more direct markets, particularly retail, which helped to jump-start the economy, address unemployment and show the stock market that spending was sustained. This had a major effect of halting the slide on the All Ords, and arresting unemployment.

The second element of the stimulus package was the more long-term infrastructure spending – education, health and transport/logistics and the like. This is what we are seeing now, and designed to protect future world economic slides.

The thing that should be lamented is the previous government's lack of foresight to set up Australia to navigate more turbulent waters. The current government did what was needed to protect Australia, and set it up for growth – all with a minimal impact on savings (don't let the Federal Opposition sway the argument here, the deficit is more than easily catered to by drops in welfare, increases in tax revenue (no tax rises) as more people become employed, and production increases).

Cheers!
Scott Brown.

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Remarkable.

Wasn't the Commercialisation Australia Board just appointed 3-4 weeks ago? And the new CEO named only last week?

And yet this group, in this short time, has met and agreed on goals, priorities, and funding review policies, procedures and criteria.

It has also reviewed a number of funding submissions and recommendations and agreed to recommend that the first 21 projects (all meeting, of course the agreed upon goals, priorities, and funding criteria) are ready to be announced for funding.

Let's not consider this a rubber stamp board! No way, these people are obviously energised tigers working day and night like a Silicon Valley start-up to accomplish all this in approximately a month!

And just in time for the Prime Minister to make a public announcement (coincidentally I'm sure) at a Community Cabinet meeting held in a key electoral district.

Hats off to these 24/7 dedicated servants. I'm so glad to see that politics has so little to do with the functioning of Commercialisation Australia.

Cynically yours,
Steven Howard

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I've invented a wall panel building system with patents filed in Canada, Australia, USA , New Zealand, South Africa. http://www.constructionsystems.com.au – we are ready to start production.

It makes me sick just how much money – % of the pot goes to the assessors [ bureaucrats ] of the scheme and what little ammount of the pot gets to the entrepreneur.

I've put in two grant apps now [ employing professionals on each ] each took me a complete month, dont know if I could go through their procedure again. ” We'll give money for this or that but not that – not that probably being where you need the backing the most.

I must admit though that their rigid procedures have ordered my thinking and planning , so I do consider my time spent as worthwhile

Glenn Grinsted

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