Federal Budget steady for STEM: Tech Academy awaits next steps
| Investments in Australian innovation are a must to help the nation become a key global player in research and development. The Federal Budget picks a welcome winner in green metals, leveraging Australia’s abundant, cheap renewable energy to produce the metals of the future. The green metals industry is a leading example of a deep legacy of Australian innovation. |
| The tax cuts, energy bill credits and even the beer excise freeze, provide some relief for the cost of living. These are not, however, the policies that will power long-term economic growth. Bold initiatives that will shape a resilient economy of the future – such as a commitment to re-thinking Australian R&D investment through the Strategic Examination of Research and Development; the Universities Accord; and the Diversity in STEM reviews – were ignored in tonight’s budget.
ATSE continues to call for significant, bipartisan, sector-wide investments in science, technology and innovation to safeguard Australia’s economy into the future.
“Investments in future Australian innovators and innovations are a must to help the nation become a key global player in research and development. Bold initiatives that will shape the resilient economy of the future need ample resourcing.” “The green metals announcements build on the Future Made in Australia agenda that has guided the past few years. Australia’s future economic resilience will be narrow if it is not built on investments in innovation and STEM skills as drivers of economic prosperity.” Ms Walker welcomed the announcement of investments in key science and technology infrastructure and workforce, providing crucial ongoing support for the national R&D agency CSIRO, and in the areas of nuclear medicine, biosecurity and the National Measurement Institute. “ATSE also welcomes the new investment in public schooling, including in science and engineering education,” she said. As Australia heads into a federal election, ATSE hopes to see further commitments across education and innovation to enable Australia to play a global role in developing and profiting from the technologies of the future.
|
