Investments in start-up enterprises will be capital gains tax free after three years, and retail investors will be offered generous income tax rebates, to help drive innovation.
The incentives will be among 24 new measures worth more than $1 billion collectively to be unveiled in the Turnbull government's innovation statement on Monday.
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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@afr.com
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
