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Tuesday, 10 February 2015
Page: 346

Senator KIM CARR (Victoria) (17:40): Before question time I was asking the minister what impact the retrospective nature of this bill would have on companies and, in particular, about the issue of companies that seek pre-approvals of their work, which of course is standard practice. I was making the point that in the cases of companies like CSL strategic investment decisions have already been taken based on the advice received. So I would ask the minister: how many firms have received advanced approval for R&D spends in 2015-16 from AusIndustry?