Wow. That's great. Now if only we were a car industry producing vehicles people 
don't want to buy in a market too small to achieve economies of scale owned by 
parent companies who'll repatriate $AU from taxpayers back to their own 
struggling head offices, we might actually have an industry strategy and some 
decent funding approaching the billions the car industry got handed out AFTER 
the productivity commission reported that it was a shocking waste.

With a different perspective and some actual leadership , perhaps we could 
transition our economy ahead of the information revolution we're in the middle 
of...

The more I hear about how this so-called Innovation department works, the more 
concerned I get for our industry which represents one of the few bright 
opportunities for our country.

If you haven't already seen it, read 
http://www.smh.com.au/news/technology/opinion/perspectives/backwards-from-the-backwater/2009/02/16/1234632734542.html?page=fullpage#contentSwap1.
 

Geoff

-----Original Message-----
From: [email protected] 
[mailto:[email protected]] On Behalf Of bengrubb
Sent: Wednesday, 18 March 2009 2:30 PM
To: Silicon Beach Australia
Subject: [SiliconBeach] Govt pledges $83M to save tech innovators


THE Rudd government will inject up to $83 million into the local
venture capital pipeline as a stop gap measure to try and prevent
promising tech companies going under due to the global financial
crisis.

http://www.australianit.news.com.au/story/0,,25205179-5013040,00.html?from=public_rss


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