none

AN 'INNOVATION NATION'?

20-07-2017
by 
in 

Malcolm Turnbull has promised a $250 million over four years to support industrial innovation, and has dubbed Australia as the "Innovation Nation". 

The new slogan, while only two words rather than the usual three, represents a concrete policy of strengthening ties between academia and the practicing industry in an effort to put Australia back on track, regularly producing innovations and technologies that end up used around the world. 

Australia has invented many widely used technologes, including Wi-FI, the polymer banknote, the RaceCam, the ScramJet, whatever the Splayd is, and the hills hoist. The sunny nation is also a global leader in increasingly efficient solar technologies. 

Those concerned by recent cuts to science education and agencies like CSIRO may be relieved by the allocation of these funds, and the hands-on, industry led approach being taken. 

According to the government's statement, their approach will include the establishment of six 'Industry Growth Centres': advanced manufacturing; cyber security; food and agribusiness; modern technologies and pharmaceuticals; mining equipment, technology, and services, and oil, gas and energy resources.

"The Growth Centres will also facilitate engagements between enabling services and technologies, such as Information and Communications Technology, where they provide essential and direct support to the growth sectors," the statement reads. 

It remains to be seen if these market-led industrial efforts, coupled with research hubs and retraining efforts around the country, can make up for the recent decline in academic and research funding. 

 

Related news & editorials

  1. 19.10.2021
    19.10.2021
    by      In
    Federal Opposition Leader Anthony Albanese visited leading Australian manufacturer DECO Australia recently.
    The Opposition Leader visited DECO to learn more about the company’s innovative manufacturing, processes and products, as well as to discuss issues faced by Australian SME manufacturers today... Read More
  2. 25.08.2021
    25.08.2021
    by      In
    The Morrison Government continues to deliver for Australian manufacturers, with a range of important initiatives and new funding opportunities announced in recent months.
    Australia’s economic recovery has been faster and stronger than expected. Our manufacturing sector is going from strength to... Read More
  3. Ed Husic
    17.06.2021
    17.06.2021
    by      In
    With much flourish, the Coalition announced its plan for a $1.5bn Modern Manufacturing Strategy (MMS), but red flags are already emerging around the future integrity of the program.
    Despite the fanfare, MMS has not recorded the creation of a single job, despite Scott Morrison promising to create 80... Read More
  4. Christian Porter
    17.06.2021
    17.06.2021
    by      In
    It has only been a few months since I commenced as Minister for Industry, Science and Technology, but a lot has happened in that time.
    The Morrison Government invested more than $475 million in the May Budget for initiatives that will drive industry growth and scientific development, building on... Read More
Products
Suppliers