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Nearly a year ago, Malcolm Turnbull made innovation and technology an upbeat centrepiece of his jobs and growth agenda. The innovation space seemed to light up. But Mr Turnbull's ideas boom did not play well at last month's election.

Most voters may have smartphones and pay their bills over the internet. But many, including in the suburbs and regions, did not feel as excited as Mr Turnbull to be living in the age of disruption and hipster start-ups. They may even have felt threatened by the new economy and drawn to the isolationism of Trumpism and Brexit.

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