Kim Carr (Victoria, Australian Labor Party, Minister for Innovation, Industry, Science and Research) Share this | Hansard source

The government is pursuing very tough fiscal discipline. We are imposing upon ourselves a very tough regime. This is one of those decisions. This is a decision which I think will have to be acknowledged by all concerned as a very tough decision. However, this provides opportunities for new programs, in terms of innovation, which are being pursued by the department: some $240 million of new programs to ensure that climate change programs are available to assist industry in adapting to the new conditions, some $200 million with regard to the Enterprise Connect centres, a researchers in business program; in total, support for some $917 million worth of new projects. (Time expired)