Government support for scientific research and new technologies
The Queensland Government supports scientific research in Queensland through funding assistance, financial incentives and policies. This support has led to billions of dollars in investment for projects, skills and facilities, and has created a collaborative network of institutes and precincts across the state.
Queensland Government funding for research
The Queensland Government has a plan to create knowledge-based jobs, drive productivity improvements and build on our natural advantages. Advance Queensland will deliver a suite of programs designed to encourage research and innovation, particularly in areas where our state has a competitive advantage.
To ensure future investments provide value for money and are well aligned with government objectives, the Queensland Chief Scientist has published a paper on a return-on-investment (ROI) approach for public good research investment and partnerships by the Queensland Government.
This approach helps identify the most effective research and the highest priorities for funding which are likely to cost-effectively deliver the best outcomes for Queenslanders. This tool can also be used together with the REDS decision rules for investment in research and development to ensure targeted and impactful resource allocation.
Funding support for critical Queensland Government co-investment in National Collaborative Research Infrastructure Strategy (NCRIS) facilities with existing or planned Queensland operations is available through the Department of Environment and Science Research Infrastructure Co-investment Fund.
Australian Government funding for research
The Australian Government supports scientific research through research bodies, infrastructure development and funding. Some key Australian Government funding organisations are:
- Australian Research Council (ARC) is a statutory authority that advises the Government on research matters and manages a significant component of Australia's investment in research and development.
- Medical Research Future Fund is a $20 billion long-term investment supporting Australian health and medical research.
- National Collaborative Research Infrastructure Strategy (NCRIS) supports the investment of millions of dollars in research infrastructure across Australia.
- National Health and Medical Research Council (NHMRC) aims to develop health standards in Australia through research funding in institutes, hospitals and government.
- Department of Industry, Science, Energy and Resources manages national funding of major research infrastructure, develops international partnerships and provides advice on science and technology.
- The Australian Taxation Office provides an R&D Tax Concession that allows companies to deduct up to 125% of the expenditure incurred to undertake research and development (R&D).
- Rural Research and Development Corporations brings industry and researchers together to establish research and development strategic directions and fund projects.
- Australia's development program (part of the Department of Foreign Affairs and Trade) funds research to reduce poverty and achieve sustainable development around the world.
- Australian Centre for International Agricultural Research (ACIAR) funds research projects and encourages Australia's agricultural scientists to use their skills for the benefit of developing countries and Australia.
Find out more about the national bodies supporting science in Australia.