Released through data.gov.au (at https://data.gov.au/dataset/intellectual-property-government-open-data), while not a real-time feed, the information contained on Australia's innovation history is staggering.
Note that the main data file is 430Mb as a zip, it can take some time to download and process.
It will be interesting to see how this data might be used over the next year and particularly in future hack competitions, such as GovHack 2015.
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