“Too many good ideas in our nation are funded by taxpayers through the university system, through R&D grants and concessions in our tax system, and, just as they are getting ready to become commercially viable and successful ventures, they leave our shores for the primary reason of seeking capital in other countries that have access to risk capital,” – Jason Falinski (Lib-NSW) presents the Tax and Revenue Committee’s report on an Australian bond market, House of Reps, yesterday.

Makes a change from creating rules about IP (CMM October 20).