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Australia’s Prime Minister Malcolm Turnbull — who has positioned himself as a leader in innovation — has announced a $1.1 billion plan to increase innovation in Australia.

The National Innovation and Science Agenda, announced at Australia’s science body in Canberra CSIRO on Monday, has been labelled as an « ideas boom » to move Australia forward after the « mining boom. »

« Unlike a mining boom, it is a boom that can continue forever, it is limited only by our imagination, and I know that Australians believe in themselves, I know that we are a creative and imaginative nation, » Turnbull said.

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