Productivity Commission report seeks to progress Intellectual Property reforms

A new report could see sweeping reforms to Australia’s intellectual property system.

The Federal Government’s Productivity Commission released its inquiry report into Australia’s intellectual property (IP) system on 20 December 2016.

The report, which has been released for public consultation until 14 February 2017, foreshadows a number of suggested reforms, including reviewing the duration of copyright and patent system, and considering international models such as the “fair use” exemption to copyright infringement, in an attempt to achieve a balanced approach to IP policy development and implementation. To date, groups representing rights owners have been critical of the mooted reforms.

The Commission was asked by the Federal Government to consider whether Australia’s intellectual property system provides an appropriate balance between access to ideas and products, and encouraging innovation, investment and the production of creative works. The Commission received submissions from a wide range of stakeholders including business, the education sector and the creative industries.

The Federal Government’s response is expected by mid-2017.

To participate in the public consultation process, please click here.

Watch this space for updates on the Productivity Commission’s final recommendations.