Innovation and Science Australia
ISA
2016 – 11 September 2021
Previously Innovation Australia (2007–2016). Renamed Industry Innovation and Science Australia in 2021.
Independent statutory board that advised the government on innovation, science and research, prepared the Australia 2030: Prosperity through Innovation plan, and oversaw the R&D Tax Incentive and venture capital programs.
Names over time
- Industry Research and Development Board1986–2007
- Innovation Australia2007–2016
- Innovation and Science Australia2016–2021
- Industry Innovation and Science Australia2021–present
How it came into existence
Created in 2016 under the National Innovation and Science Agenda, when the Industry Research and Development Amendment (Innovation and Science Australia) Act 2016 renamed Innovation Australia and gave it a strategic advisory role under the Industry Research and Development Act 1986.
Legislation: Industry Research and Development Act 1986
Changes during its life
- January 2018Released its 2030 strategic plan, Australia 2030: Prosperity through Innovation.
How it ended
Renamed Industry Innovation and Science Australia on 11 September 2021 by the Industry Research and Development Amendment (Industry Innovation and Science Australia) Act 2021.
Main functions
- Strategic advice on innovation, science and research
- Performance review of the innovation system
- Registration of activities under the R&D Tax Incentive
- Oversight of venture capital programs
Where it sits
Last in the portfolio of Department of Industry, Science, Energy and Resources.
Lineage
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Sources
Primary sources
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 3 February 2017 to 30 September 2020)
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.