Future prosperity for Australian industry and the working families who depend on it relies on our ability to boost innovation, better our skills base, further research and development, and importantly, improve productivity.
A $1 billion investment in boosting Australian innovation, productivity and competitiveness will generate business opportunities and economic growth for the future, as part of the Gillard Government’s plan to support and create jobs.
Commercialisation Australia, the Australian Government's program for helping bridge the gap between innovative ideas and commercial success, has helped more than 400 participants.
The Australian Government is providing $58.4 million to assist Australian suppliers directly benefit from strong growth in the resources sector.