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Securing a Responsive Nuclear Medicine and Science Capability for Australia

Financial year
Purpose statement

Support the Australian Nuclear Science and Technology Organisation (ANSTO) in its provision of nuclear medicines to Australians.

Budget Measure type
Description

The Government will provide funding over 10 years from 2023-24 to support the Australian Nuclear Science and Technology Organisation (ANSTO) in its provision of nuclear medicines to Australians, including.

* $44.5 million over 3 years from 2023-24 to support ANSTO to manage the planned upcoming maintenance shutdown of its nuclear reactor, including the importation of nuclear medicine that would ordinarily be produced by the reactor

* $39.9 million over 3 years from 2023-24 to formally wind-up ANSTO Nuclear Medicine Pty Ltd by 1 July 2024 and transfer its operations, assets and liabilities to ANSTO

* Funding over 10 years from 2023-24 for ANSTO to construct a new nuclear medicine manufacturing building, as well as ongoing maintenance of the current ageing facility

* Funding over two years from 2023-24 for ANSTO to develop a business case for a new facility supporting Australia's sovereign nuclear security science capability. The financial implications are not for publication (nfp) due to commercial sensitivities.

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.