The Financial System Inquiry is examining the role and function of Australia’s Financial System. Research Australia’s submission emphasises the critical role the financial system plays in supporting innovation and proposes that this should be a key aim of any government intervention in, and regulation of, the financial system. It makes the case for governments to work with private sector capital to invest in innovative companies, and provides examples of how social impact bonds can be utilised to translate research into practice in the healthcare system.
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October 28, 2016