Friday, 17 August 2018

Here are some of the key tech and science projects getting funding in the federal budget 2018

Here are some of the key tech and science projects getting funding in the federal budget 2018
08 May

The Turnbull government 2018 federal budget has funding for a number of cool science and tech projects.

Here are just a few of them.

Super computers

The government is continuing to invest in supercomputing, including upgrading two supercomputers with total funding of $140 million for the Pawsey Supercomputing Centre in Perth and the National Computational Infrastructure facility at the Australian National University.

The Pawsey Supercomputing Centre helps advance medical research, nanotechnology, mining, construction and urban planning with high-speed calculations. It supports research to maximise combustion in supersonic engines and model the physics of extreme waves to capture energy.

A medical industry growth plan

This will deliver $1.3 billion to support Australia as a global health industry leader in medical technology, biotechnology and pharmaceuticals while improving health outcomes for all Australians through investments in medical innovation.

The Growth Plan includes a landmark 10–year $500 million commitment to the Genomics Health Futures Mission.

A further $707 million in funding from the Medical Research Future Fund will be provided to support the Frontier Health and Medical Research program, expanded clinical trials, Biomedtech programs and Industry Researcher Collaborations.

Supporting the smart economy

The government is investing around $2.4 billion over 12 years in boosting Australia’s research, science and technology capabilities to build a smarter economy and give Australians the skills they need to prosper.

A $1.9 billion investment in research infrastructure over 12 years will support Australia’s world–class research sector which has made breakthroughs like a new needle–free way to deliver vaccines and the cervical cancer vaccine.

Investment in digital infrastructure to improve the accuracy of GPS and satellite imagery will promote the competitiveness of sectors like agriculture, mining, and marine industries.

The government will support the development of Australia’s artificial intelligence (AI) and machine learning capability to keep pace with global progress and improve our existing expertise in these technologies to maintain our competitiveness.

Initiatives such as the Asian Innovation Strategy and SME Export Hubs will help Australian businesses and researchers tap into new growth opportunities overseas.

Boosting women’s participation in STEM

The government is continuing to equip Australians with the skills they need to innovate and make the most of opportunities offered by technology and science.

A Women in Science Ambassador will encourage girls’ participation in STEM subjects, while the 10–year Plan for Women in Science will set out a long–term strategy for increasing female involvement in STEM education and careers.


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