This paper examines conditions of Australian acceptance for the multifunction polis (MFP). A specific physical location has taken the place of the earlier network concept. Other characteristics are: the MFP will be an entrepŏt; it will export information, produce and institutional modes; and it must serve as an environmental tariff wall. For Japan the MFP can contribute to technological ‘catch-up’ and serve the dual function of improving Japan’s international and cultural image as well as focussing information transfer to Japan. For Australia the MFP can facilitate industrial restructuring by providing an innovating institutional environment for manufacturing innovation and production, with a possible increase in foreign investment and venture capital. This restructuring link is problematic due to external uncertainties. Key issues are urban location, internationalisation, the centrality of high-tech, contracted employment, internal organization, the position in the technological system, and the decision making process.