The Productivity Commission in its 2016 report into Australia's IP arrangements, and the former Advisory Council on Intellectual Property in its 2015 review of the innovation patent system both recommended that the innovation patent be abolished. The government accepted this recommendation.
Legislative drafting 04-Sept-2017
Consultation 23-Oct-2017 to 4-Dec-2017
Policy development 5-Dec-2017
Department of Industry consultation 25-May-2018 to 3-Aug-2018
Consultation 23-Jul-2018 to 31-Aug-2018
Legislative drafting 1-Sep-2018
In Parliament 25-Jul-2019
Royal Assent 26-Feb-2020
This item is included in the Intellectual Property Laws Amendment (Productivity Commission Response Part 2 and Other Measures) Act 2020 which received Royal Assent on 26 February 2020.
The process of phasing out of the innovation patent system will commence on 26 August 2021. Further commencement details are available on the Legislation page of IP Australia’s website.