The Australian Academy of Technological Sciences and Engineering (ATSE) has welcomed commitments in the Federal Budget.
The commitments surrounded investment in Australian science, innovation and clean energy industries.
ATSE CEO Kylie Walker welcomed the Government’s strong commitment to developing Australia’s clean energy system which will power the industries and jobs of the future.
“Investments in battery manufacturing, renewable green hydrogen production and critical minerals processing are central to the nation’s net zero ambitions; these are areas where we have a comparative advantage in the global supply chain and which are fundamental for the jobs of the future.
“ATSE also welcomes the announced review of Australia’s research and development system, as recommended in ATSE’s pre-budget submission. It is critical that this work gets underway to make up for lost time and to bring Australia closer to nations at the forefront of technological innovation,” said Walker.
The measures announced in the 2024/25 Budget target different areas, such as decarbonisation, water and environment, industry research and digital technologies.