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Abbott Cuts Science & Research Spending To Historic Low

Tony Abbott has cut investment into science, research and innovation to the equal lowest level since records began in the 1970s, Greens Deputy Leader and Science & Research spokesperson, Adam Bandt MP, said today.

"Analysis of recently released Treasury ‘Science, Research & Innovation Budget Tables’ reveals for the first time just how low the country's investment into R&D is falling and it's a truly shocking picture," said Mr Bandt.

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The Liberal-Palmer Coalition delivers for the top end of town at the expense of small business

Greens spokesperson for Small Business, Senator Peter Whish-Wilson, says that the mining tax repeal delivers a massive blow to the small business sector.

Senator Whish-Wilson said, “This massive win for the mining companies comes at the expense of not just worker’s superannuation, but is also a body-blow to small business.

“The mining tax repeal has made the two million small businesses in Australia losers, just to benefit a handful of mining giants.

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Government Must Reverse Cuts to CSIRO’s Australian Animal Health Laboratory

Following the Senate voting in favour of a Greens’ motion on CSIRO cuts today, Deputy Greens Leader and Science spokesperson Adam Bandt MP said the Government should immediately reverse cuts to CSIRO’s AAH Laboratory, which conducts research into Avian Influenza, SARS, the Hendra virus and most recently Ebola.

“The Government must now immediately reverse its $111m cuts so that CSIRO’s AHHL can operate at its full capacity,” said Mr Bandt.

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Why is the government bringing on their FOFA legislation before the Financial System Inquiry reports?

Greens spokesperson for Consumer Affairs, Competition Policy and Small Business, Senator Peter Whish-Wilson provides the following comments on the Government reintroducing their Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014 into the House of Representatives today.

Senator Whish-Wilson said, “Today the Government has brought on FoFA legislation that is aimed at locking into law the dodgy deal that they have done with Clive Palmer to back the big banks over consumers.

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Greens to Amend R&D Bill

The Australian Greens will move amendments in the Senate to strike out Government plans to cut R&D incentives for large companies and instead put in place quarterly payments for small and medium size businesses eligible for a R&D tax incentive refund.

The Tax Laws Amendment (Research and Development) Bill 2013 is currently before the Senate and crossbench Senators will determine its passage.

“Tony Abbott is an economic wrecking ball and these cuts to research and development incentives prove it,” said Adam Bandt MP, Greens Research spokesperson.

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Research funding blackmail will backfire: Bandt

Responding to reports that the Abbott government may threaten to slash to research funding in a bid to advance its university cuts agenda, Australian Greens research spokesperson and Deputy Leader, Adam Bandt, said the Greens won’t give in to blackmail.

“If Tony Abbott threatens cuts to research funding, he will be met with the mother of all protests,” said Mr Bandt.

"Australia’s future depends on secure and adequate funding for research."

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