Establish the Advanced Strategic Capabilities Accelerator within the Department of Defence to lift capacity to translate disruptive new technologies into Defence capability rapidly, in close partnership with Australian industry.
The Government will provide $3.4 billion over 10 years from 2023-24 to establish the Advanced Strategic Capabilities Accelerator within the Department of Defence to lift capacity to translate disruptive new technologies into Defence capability rapidly, in close partnership with Australian industry. The cost of this measure will be met from within the existing resourcing of the Department of Defence. This measure delivers on the Government's election commitment Advanced Strategic Research Agency as published in the Plan for a Better Future, and implements a key priority in line with the recommendations of the Defence Strategic Review.