Science and research are vital for a strong economy, especially with the end of the mining boom. Mike and the Greens will invest an additional $2.5 billion over the next four years on research and development, bringing investment in research up to 3% of GDP by 2020. Small businesses particularly in high tech industries will thrive on the outcomes of this investment in research.
We will work to assist manufacturing become more energy-efficient. This will save manufacturers money through reduced electricity bills and support workers employed in manufacturing by providing a more secure future. Australia is home to world-leading health and medical research. However, governments routinely threaten funding cuts to this vital area of society and the economy.
The Greens will:
Secure and boost research funding for the long term
Fund the indirect costs of health and medical research
Establish Integrated Research Centres and fund critical research infrastructure
Reverse the Coalition and Labor’s successive cuts to the Sustainable Research Excellence program
Make funds available to help translate discoveries into new treatments and other products.
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