Developing Australia’s Space Industry

House of Representatives

The House Standing Committee on Industry, Innovation, Science and Resources has commenced an inquiry into Developing Australia’s Space Industry.

The Chair of the Committee, Hon Barnaby Joyce MP, said ‘Australia’s space industry is growing rapidly. The Australian Space Agency has a goal to triple the size of the sector to $12 billion and create an additional 20,000 jobs over the next decade. This inquiry will examine ways to achieve this.’

Space is an industry that inspires, fascinates and excites people. Generally, rockets and astronauts come to mind when we think about the space industry, but its technology and equipment are very much a part of our day-to-day lives, for example weather forecasting and GPS technology. There are enormous opportunities for individuals, organisations, and communities to take advantage of this growing sector, particularly in rural and regional areas, Mr Joyce said.

The Committee’s inquiry will examine the breadth of opportunities presented by Australia’s space industry and what is required to strengthen support of our domestic and international space related activities. This includes the development of space technology and equipment, commercialisation of research and development, future workforce requirements, and international collaboration.

The Committee would like to hear from interested people, organisations and agencies working in space related fields. Submissions to the inquiry should be received by 29 January 2021.

The terms of reference for the inquiry can be found on the Committee’s website.

/Public Release.