House debates

Wednesday, 12 February 2014

Questions without Notice

Research and Development

2:18 pm

Photo of Barnaby JoyceBarnaby Joyce (New England, National Party, Minister for Agriculture) Share this | Hansard source

The member for Indi would be aware that it is in the budget, and it rolls out from 2014-15, and it is $100 million over the forward estimates. This gives us the capacity to build on the $250 million a year that comes from my department alone, the $700 million that is already part of the Commonwealth's investment through other organisations and other entities, such as the CSIRO. This is all very important because that is why we can invest $19 million in dairy and get a return of about $2½ billion. This is the smart country that we wish to stand behind, because that is how— (Time expired)

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