Cooperative Research Australia (CRA) CEO Jane O’Dwyer has commended the $392 million Federal Budget allocation for the Industry Growth Program, calling it a welcome addition to the support mechanisms aimed at fostering Australia’s research capabilities.
“It is pleasing to see steady and ongoing commitment to our national science agencies, research funding and critical programs including the Cooperative Research Centres Program and National Critical Research Infrastructure,” the CRA chief executive said in a media release.
O’Dwyer also pointed out the present challenge faced by the government in terms of tapping into greater investment in research and development for Australia through a combination of mechanisms. These include those aimed at attracting private-sector investments and participation in R&D to drive economic change and growth.
The CEO also commended the 2023-24 investment of $14.8 million over four years to establish the Powering Australia Industry Growth Centre. The investment will help develop advanced technology and skills as part of the national government’s Australian Made Battery Plan and is a welcome commitment to the Future Batteries Industries, O’Dwyer said.
The Universities Accord process will be critical to growing the nation’s research and capacity, the essential platform for Australia’s ability to create a more complex and competitive economy.
“It is also great to see a recognition of national capacity embedded in post-CRC entities, with the Autism CRC receiving ongoing funding as part of the $3.7 million in 2023-24 to undertake consultation and research for the National Autism Strategy. This recognition that the capacity seeded by CRC’s having ongoing benefit to the nation after their original program funding ends is a welcome one.”