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. 21.09.2018
    21.09.2018
    by      In
    It is a privilege to be the new Minister for Industry, Science and Technology. I have come to the portfolio at a really exciting time.
    Australia’s economy is in transition and so is our manufacturing sector. I am excited about some of the amazing stories coming out of manufacturing and am committed... Read More
  2. 14.09.2018
    14.09.2018
    by      In
    Since Industry Update last published Australia has acquired a new Prime Minister and yet another Industry and Science Minister.
    I congratulate Karen Andrews, the sixth person to take responsibility for the portfolio since 2013.
    These ministers have not all had the same title. Minister Andrews’... Read More
  3. 27.08.2018
    27.08.2018
    by      In
    One positive move to come out of the political turmoil of the past week has been the return of the Industry and Science portfolios to the Cabinet under the new Morrison Ministry.
    Karen Andrews MP is the new Minister for Industry, Science and Technology, resurrecting a role that had previously been... Read More
  4. 10.07.2018
    10.07.2018
    by      In
    Making good public policy always involves getting the details right. But it is equally important that we never lose sight of the big picture.
    When we talk about industry policy, we should not forget that at the deepest level it is an answer to this question: what sort of country do we want to be?... Read More