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
The Government has accepted the Productivity Commission’s recommendation to phase out the innovation patent, but decided to remove this measure from the Intellectual Property Laws Amendment (Productivity Commission Response Part 1 and Other Measures) Bill 2018.
The Government decided to undertake further industry consultation targeted at better understanding the needs of innovative SMEs before the phase out of the innovation patent occurs. The industry consultation, led by the Department of Industry, Innovation and Science, is currently open until 3 August 2018.
IP Australia is currently consulting on exposure draft legislation that includes phasing out the innovation patent system while protecting existing rights. It is intended this will be introduced to the Parliament in .late 2018 or early 2019.