New shadow minister warns on Victoria’s innovation flight risk


Joseph Brookes
Senior Reporter

Victoria’s new shadow Industry and Innovation minister has pledged to work to unshackle working capital for businesses and give the state an AI edge after a decade of “directionless” policy.

Richard Welch, who was elevated to Shadow Cabinet with the Jobs, Industry and Industrial Relations and Manufacturing and Innovation portfolios on Saturday, said the Allen government has locked up too much of the state’s working capital.

He accused Labor of …

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