The Prime Minister of Australia Malcolm Turnbull announced the new program of development of the technology industry, which should help his country to develop a dynamic economy of the twenty-first century.
The program, initiated on the background of the crisis in constituting the essential part of the Australian economy the raw materials market, the government has allocated 1.1 billion Australian dollars (800 million US dollars).
The program provides for the promotion of investment in hi-tech, changes in the regulation on the labour market, investing in research and education, stimulating innovative entrepreneurship.
Also in the framework of the program Australia will open a national high-tech incubators in tel Aviv and in Silicon valley. The goal of incubators is to provide Australian entrepreneurs with quick access to the world’s centers of high technology.