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:
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Secure and boost research funding for the long term
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Fund the indirect costs of health and medical research
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Establish Integrated Research Centres and fund critical research infrastructure
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Reverse the Coalition and Labor’s successive cuts to the Sustainable Research Excellence program
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Make funds available to help translate discoveries into new treatments and other products.
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