The federal government has published the latest Science, Research and Innovation budget tables, and will spend $12.6 billion in the 2023 – 24 financial year, made up of $9.2 billion in direct R&D and $3.4 billion through the Research and Development Tax Incentive. According to a statement on Thursday from industry minister Ed Husic, the…
A $46.2 million cut to research commercialisation unveiled in the Mid-Year Economic and Fiscal Outlook undermines confidence with national investment in R&D, according to peak body in science and technology, Science & Technology Australia. The cut of $46.2 million over four years to Australia’s new research commercialisation fund – Australia’s Economic Accelerator – amounts to…
More Australian small businesses can now access research and development (R&D) funding through CSIRO as it broadens its Kick-Start programme. The programme has now been expanded with an increase in eligibility to include businesses with a turnover of up to $10 million, up from previous eligibility of up to $1.5 million. The CSIRO Kick-Start programme…
South Australia’s manufacturing industry is getting supercharged, as the state’s government launches the first round of its $122 million Economic Recovery Fund.
Start-ups and small and medium sized enterprises (SMEs)are being offered access a new online innovation learning program, ‘Innovate to Grow: Agrifood’, led by science agency CSIRO. The free 10-week online programme is designed to help Australian SMEs assess how they can advance their technologies, solutions and ideas through research and development (R&D). The programme, supported…
Australia’s expenditure on innovation public and private has fallen for the past decade, and continues to fall under the new federal government. Business expenditure on research and development (BERD) was up 14 per cent over 2021-22, new Australian Bureau of Statistics figures show, though the nation’s total spend on R&D as a proportion of GDP…
Support for 32 projects under the National Industry PhD Program has been announced, with $5 million awarded to industry-based projects in materials engineering, biomedical engineering and other research fields. According to assistant education minister Anthony Chisholm, who announced the funded projects on Monday, these would “enhance the world-class research being undertaken” in universities as well…
Science and future students will be major winners under the new 2022 budget, as the government focuses on building Australia’s future STEM and manufacturing capabilities, however, support for research has fallen short. Federal Minister for Industry and Science, Ed Husic, said the Albanese Government has a goal of rebuilding manufacturing capacity, in part by widening…
