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Innovation statement: Start-up investors win 20pc tax rebates

Phillip Coorey
Phillip CooreyChief Political Correspondent
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Investors in start-ups will be able to claim tax rebates of up to $200,000 a year as well as capital gains tax exemptions as part of a wide-ranging innovation agenda.

The federal government will also pour almost $3 billion into research facilities and scientific programs over the next decade.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@fairfaxmedia.com.au

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    Original URL: https://www.afr.com/news/politics/innovation-statement-startup-investors-win-20pc-tax-rebates-20151206-glgx2x