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

We have had 11 years of the former government spending in quite an indolent manner. It is time to modernise government spending and establish long-term directions for the future. For example, we have made huge commitments to clean energy. We will deliver at least $25 million in extra funding for CSIRO’s work on clean technologies. CSIRO may also be able to access the $100 million solar research money to be administered by the Australian Solar Institute.

This government recognises that CSIRO is a great Australian institution providing vital work in the national interest. It is a cornerstone of our innovation system. Our support for CSIRO is unwavering. Our support for science and innovation is as strong as ever; in fact, overall spending on science and innovation will reach a record high under this government of $6.37 billion in 2008-09—an increase of $170 million over 2007-08. Tuesday’s budget was all about balance. It was about exercising the discipline needed to fight inflation while making wise investments in Australia’s future. Let me assure you that CSIRO will be a vital part of that future.