Australian Budget commits major funding to boost technology capabilities

Austrade

The Australian Government released its Budget October 2022–23 on 25 October 2022. The Budget sets aside funding for initiatives aimed at strengthening Australia’s strategic capabilities, including in digital technologies.

This creates significant investment opportunities across several critical sectors, including resources, renewables, low-emission, and critical technologies.

Boosting Australia’s key capabilities

The Government has committed significant funds to boost Australia’s capabilities in critical sectors. These include:

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