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10    Economics References Committee—Reference

Senator Carr, also on behalf of the Leader of the Australian Greens (Senator Milne) and Senators Madigan and Xenophon, pursuant to notice of motion not objected to as a formal motion, moved business of the Senate notice of motion no. 1—That the following matter be referred to the Economics References Committee for inquiry and report by the first sitting day in July 2015:

The challenges to Australian industries and jobs posed by increasing global competition in innovation, science, engineering, research and education, with particular reference to:

    (a)   the need to attract new investment in innovation to secure high skill, high wage jobs and industries in Australia, as well as the role of public policy in nurturing a culture of innovation and a healthy innovation ecosystem;

    (b)   the Australian Government’s approach to innovation, especially with respect to the funding of education and research, the allocation of investment in industries, and the maintenance of capabilities across the economy;

     (c)   the importance of translating research output into social and economic benefits for Australians, and mechanisms by which it can be promoted;

    (d)   the relationship between advanced manufacturing and a dynamic innovation culture;

     (e)   current policies, funding and procedures of Australia’s publicly-funded research agencies, universities, and other actors in the innovation system;

     (f)   potential governance and funding models for Australia’s research infrastructure and agencies, and policy options to diversify science and research financing;

     (g)   the effectiveness of mechanisms within Australian universities and industry for developing research pathways, particularly in regard to early and mid-career researchers;

    (h)   policy actions to attract, train and retain a healthy research and innovation workforce;

      (i)   policy actions to ensure strategic international engagement in science, research and innovation; and

     (j)   policy options to create a seamless innovation pipeline, including support for emerging industries, with a view to identifying key areas of future competitive advantage.

Statement by leave : The Assistant Minister for Social Services (Senator Fifield), by leave, made a statement relating to the motion.

Question put and passed.