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Industry Minister Resignation and Appointment of Caretaker

Over the weekend, the Government announced the resignation of Christian Porter from the industry portfolio after approximately six months in the role. Energy Minister Angus Taylor will serve as acting Industry Minister for the time being.

The industry portfolio has responsibility for the R&D Tax Incentive, and the programme is one of the largest budgetary expense items within the portfolio.

Given the importance of the portfolio to Australia’s economy, we call on the Government to appoint a dedicated Industry Minister who is able to immerse themselves in, and focus on matters specific to the industry portfolio.