Australian business welcomes tech-savvy PM


A new hope: Australian businesses are pinning their hopes on their new PM Turnbull, who with his tech entrepreneurial background is seen as an innovation supporter.

SYDNEY: Captains of Australian industry have a lengthy wishlist for new Prime Minister Malcolm Turnbull but also strong hopes the former tech entrepreneur can encourage innovation and energise an economy struggling with a fading resources boom. 

Turnbull is lauded for his business acumen, with the technology sector particularly fond of the multimillionaire, who is an enthusiastic supporter of the innovation scene and startups. 

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