Australia’s long-term prosperity depends on a thriving, well-coordinated research and development ecosystem that drives impactful innovation, addresses national challenges and supports economic growth.
ATSE’s Pre-Budget Submission outlines proposals to support economic growth through innovation, deliver the energy transition and develop the skilled workforce of the future.
Priority Recommendations
Support implementation of the Strategic Examination of R&D including through uplifting research expenditure and incentivising private investment in research.
Adopt a national Read and Publish Open Access model for Australian research to ensure Australian industry and governments have access to the most up-to-date research possible and lift productivity.
Invest in a mission-based approach to sovereign AI capability, with AI factories located across Australia, and develop national infrastructure for storing nationally significant datasets.
Support proven initiatives to increase diversity in STEM, including increasing number of scholarships, including undergraduate scholarships, available through ATSE’s Elevate: Boosting diversity in STEM program.
Reduce greenhouse gas emissions through targeting demand, including:
Creating loan schemes for households to finance energy upgrades and reduce energy costs.
Enabling vehicle-to-grid capability to reduce consumer electricity costs and support the energy transition.
Supporting primary producers to reduce emissions by establishing a grant scheme to implement new innovations such as feed additives, equipment electrification and alternative fuels.