Digital startups thrive in Fishburners Sydney hub

Late last year - well before the election date was called - the Prime Minister unveiled his "innovation statement" to provide more support and opportunities for digital startups.

Malcolm Turnbull wants to drive an "ideas boom" and has set aside a billion dollars to promote research, development and innovation.

But how are those aspirations playing out in the real world of business where the race to commercialise the next big idea is more cut-throat than ever?

I visited the Fishburners startup hub in central Sydney to find out.

Listen to my report here

Read the the story on ABC News Online