StartupAUS welcomes Michaelia Cash as MInister for Jobs and Innovation, calls for urgent action on key startup policy initiatives
Australia, 20 December 2017: StartupAUS today welcomed the appointment of Minister Michaelia Cash as Minister for Jobs and Innovation. StartupAUS CEO Alex McCauley welcomed the renewed focus on innovation in the portfolio, and the recognition that innovation and jobs are closely linked. He said with four Innovation Ministers in the less than two years, urgent focus is now required on Australia’s startup policy agenda.
“The pairing of jobs with innovation in Minister Cash’s new portfolio makes a lot of sense. We know that young, innovative, high-growth companies account for almost all the new jobs in the economy, so these issues are inextricably linked. Recognition of that link in the new portfolio is an important step.
“This is a time of critical importance for innovation in Australia. We already have a roadmap established, through the StartupAUS Crossroads Report, to Australia becoming one of the best places in the world to build a high-growth startup. What we need now is rapid action in a number of key policy areas to capitalise on the momentum we have built. This is not only of paramount importance for the sector, it will help secure the economic future of the country,” said Mr McCauley.
“Minister Cash has a strong track record in this area. She’s been actively engaged in the innovation agenda in previous portfolios and is a natural fit here. I expect she’ll approach the new role with energy, vision, and expertise. Those qualities are very welcome at a time when the national innovation conversation needs a kick-start.
“It’s also important that the Government has retained an Assistant Minister for Science, Jobs and Innovation, a role that really has strong potential to engage closely with the startup community. It’s encouraging to see someone like Zed Seselja, who has previous Ministerial experience, take on that role. I’m looking forward to working with him.
:We see 2018 as a really critical year for startups. We need to get back on the front foot with innovation policy, and we’re looking forward to working closely with the new Ministers and their teams to amplify the positive impact of technology-led innovation on Australia’s economy,” continued Mr McCauley.
The announcement follows the recent release of StartupAUS’ annual Crossroads report, which detailed the synergy between startups and job creation. You can download a copy of the 2017 Crossroads Report here: https://startupaus.org/crossroads/