Last December, Prime Minister Turnbull called for an “ideas boom”, and unveiled a package of measures to stimulate it.
“Our innovation agenda is going to help create the modern, dynamic 21st century economy Australia needs,” he said.
“Unlike a mining boom, it is a boom that can continue forever, it is limited only by our imagination, and I know that Australians believe in themselves, I know that we are a creative and imaginative nation.”
But the new money was minor — only A$1.1 billion over four years.
To put this into perspective, Australia spent A$1 billion on housing 800 prospective refugees at Manus Island for 4 years.
Not serious at all. Just like most politicians.