• Hannah Phillips

Lift-Off For The Australian Space Agency

On Sunday Senator Michaelia Cash the Minister for Jobs and Innovation announced history was made with the commencement of operation the Australian Space Agency, a milestone in the nation’s space history.

By 2030, the government hopes to have tripled the size of Australia’s space industry to be worth around $10-12 billion.

The government’s $300 million investment in space through the 2018–19 Budget includes $41 million over the next four years to kick-start the agency.

The Agency’s operational funding is ongoing.

Minister for Jobs and Innovation, Michaelia Cash said today was a great milestone for Australia, not just for our progress in science, but for the economic opportunities it presents.

“We have an extraordinary opportunity to grow the size of our domestic space industry by up to $12 billion by 2030,” Minister Cash said.

The Space Agency’s first priorities are to establish a charter for the agency and to develop an overarching strategy and investment plan for Australia’s space industry.

Dr Megan Clark AC is the interim head of the agency.

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