Nearly a year into his term, Anoulack Chanthivong, the Minister for Innovation, Science, and Technology under the Minns Labor Government, is under scrutiny for lacking direction and vision in New South Wales.
In a recent Budget Estimates hearing, Minister Chanthivong dismissed the idea that increased investment in the innovation sector would spur growth and productivity. He failed to present any substantial alternative policies.
Furthermore, the Minister has just begun seeking feedback on his Innovation Blueprint from stakeholders.
Mark Coure, the Shadow Minister for Jobs, Industry, Innovation, Science, and Technology, criticized the lack of progress in the industry and innovation sectors since Labor assumed power, attributing the stagnation to Minister Chanthivong’s inexperience.
“The Minister is still undertaking reviews with no results for sectors which have been laden with uncertainty and stress thanks to his inaction.” Mr Coure said.
“We do not need more reviews. Entrepreneurs are demonstrating their frustration with their feet as they move interstate to jurisdictions who are offering real direction and vision, backed in with significant investment by government.”
“Under the former Liberal and Nationals Government, we saw a 325% increase of innovators setting up shop in NSW. Now our state’s proud track record as an industry leader in this space, is at risk.”
“Jacqui Munro MLC said, “the Minister must be upfront with entrepreneurs who require a reliable partner in government.,”
“Whether it’s the time taken to determine grant applications or when any industry strategy will be delivered, we have all been left in the dark. It’s simply not good enough for NSW to be put in this position.”
“Developing a productive and prosperous modern economy requires leadership and vision. Under the Minns Labor Government, we have neither,” Ms Munro said.
The lack of progress in innovation and investment under the Minns Labor Government presents a concerning setback for economic growth and development in the state.
