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David Pocock applauds $387.4m in extra funding for CSIRO after tens of thousands sign petition

David Pocock applauds $387.4m in extra funding for CSIRO after tens of thousands sign petition

Summary

The Australian government will add $387.4 million in funding to the national science agency CSIRO over four years to support upgrades, research, and ongoing costs. This funding increase follows job cuts and cost-saving measures, aiming to stabilize the workforce and improve the agency's capacity for important science work.

Key Facts

  • The Albanese government will provide an extra $387.4 million to CSIRO over four years.
  • The funding will help upgrade facilities and technology and support research.
  • This is in addition to CSIRO’s current $1 billion yearly funding.
  • The extra money is not expected to undo recent job cuts but should help prevent more layoffs.
  • CSIRO’s funding compared to Australia’s GDP has been falling, reaching its lowest point since 1978.
  • ACT senator David Pocock led a petition signed by tens of thousands demanding better funding for CSIRO.
  • The government also announced $38 million more yearly funding for the Australian Centre for Disease Preparedness starting 2030-31.
  • Finance Minister Katy Gallagher said the funding will help CSIRO deliver science that benefits Australians daily.
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