Speaking to iTnews from Canberra, Australian Information Industry Association chief Ian Birks welcomed innovation-oriented announcements in the Budget, following an earlier closed-door briefing with the Innovation Minister Kim Carr.But he lamented the fact that ICT capability hadn't been called out specifically as part of the third round of stimulus investment in the economy."It's a battle we'll continue to have to work on," Birks said.The key announcements in the 2009-10 Federal Budget that are likely to impact the ICT industry include:
"There's probably a lot of opportunity in the outcomes of this budget process for ICT companies to get creative and take advantage of these initiatives," Birks said of the list."I think in general there's a lot of commendable focus on innovation with $5.7 billion over four years to be spent on education, research and innovation, representing a 25 per cent increase in funding year-on-year."There isn't a lot of really direct call out with regards to the ICT industry in any of this but ICT benefits from a lot of things in the package [indirectly] anyway."Birks said he had been briefed in detail on the innovation aspects of the Budget but "hadn't gotten as much detail as I'd like" on other aspects that may impact ICT. Birks expects "a lot of promise" from the Commonwealth Commercialisation Institute, for example, but the public as yet has very little idea as to what the Government proposes the Institute will do.Birks said the AIIA would continue to lobby the Federal Government to admit software as an eligible asset under the small business tax break scheme, but said "it will take some time".
iTnews will be canvassing industry reactions to these budget measures in the coming days. What are your thoughts on the measures announced? And more importantly, what details are missing?
Issue: 347 | March 2016