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Strengthening Australia's Science, Technology, Engineering and Mathematics Capabilities

Financial year
Purpose statement

Boost Australia's capability, capacity and outreach in science, technology, engineering and mathematics (STEM).

Budget Measure type
Description

The Government will provide $132.7 million over 4 years from 2023-24 (and $17.3 million per year ongoing) to boost Australia's capability, capacity and outreach in science, technology, engineering and mathematics (STEM). Funding includes: * $59.7 million over 4 years from 2023-24 (and $15.2 million per year ongoing) for infrastructure and ICT upgrades at Questacon, and to continue Questacon's national STEM education and engagement programs to increase science engagement * $51.2 million over two years from 2023-24 for critical ICT and equipment upgrades at the National Measurement Institute to strengthen its capacity to maintain national measurement standards and increase confidence in Australian goods and services * $12.7 million over 4 years from 2023-24 (and $2.1 million in 2027-28, $2.2 million in framework to replace the National Measurement Act 1960 to reduce regulatory burden on businesses and better align Australia's measurement standards with international best practice * $9.1 million over 4 years from 2023-24 to promote STEM and encourage strong engagement between STEM professionals and policy makers through the National Science and Technology Council, the Prime Minister's Prizes for Science and the Science Meets Parliament initiatives. This measure will be offset by redirecting funding from within the Industry, Science and Resources portfolio. This measure builds on the 2022-23 October Budget measure titled Supporting Talent and Leadership in Australian Science and Technology. Industry, Science and Resources |

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