The Australian Productivity Commission’s final report on its Inquiry into Australia’s Intellectual Property (IP) Arrangements was published on 20 December 2016. The full report can be accessed at http://www.pc.gov.au/inquiries/completed/intellectual-property/report.
Table 1 below, which has been extracted from the report, provides a summary of the recommended reforms to the Australian IP system. Many of the recommendations are concerning and controversial.
In view of the Government’s clearly expressed innovation agenda it will be interesting to see the Government’s response to the report, as it appears that a number of the recommendations will have a negative impact upon innovation.
The Australian Government is now considering the report. To inform its consideration additional public consultation will take place until 14 February 2016. Details of the public consultation process are available at https://consult.industry.gov.au/ip-pc-inquiry/pc-inquiry-into-ip-arrangements-1/.