Cabinet has resolved to work on a 10-year economic recovery plan for Queensland following the legacy of Peter Beattie’s Smart State. 

Innovation Minister Stirling Hinchliffe and Queensland’s Chief Entrepreneur Wayne Gerard today launched a discussion paper to “fire up jobs and the state’s innovation economy”.

It’s expected the plan will propel the state into a new age of innovation and scientific breakthroughs and deliver up to 80,000 jobs and $11 billion a year in revenue.

Founder and CEO of Mindhive Bruce Muirhead told Sofie Formica the ‘Smart State 2.0’ will be a huge way to lure innovators to Queensland and retain the state’s brightest minds.

“The amount of innovation that’s going on is underestimated but we can do something quite quickly to fix that.”

Press PLAY below to hear how Bruce Muirhead says the plan will impact the state 

Image: Annastacia Palaszczuk / Facebook