Government pledges $308m in ICT funding

The Federal Government has committed $5.3 billion to continue and grow its Backing Australia’s Ability program. The announcement was made by the Minister of Communications, Information, Technology and the Arts, Daryl Williams, at the CeBIT show in Sydney yesterday.

As part of the package the Government will invest $308 million to boost innovation in ICT.

The investment will include a $251 million extension of funding for the ICT Centre of Excellence – National ICT Australia, (NICTA), and a $57 million extension for the ICT Incubators and Advanced Networks programs.

“This $308 million investment along with other strategic investments in the new BAA package will ensure that Australia is in the best position to harness emerging technologies and remain globally competitive,” Williams said.

This amount was more than double the amount that was provided to ICT under the original Backing Australia’s Ability package, he said.

The Ability program seeks to strengthen Australia’s ability to generate ideas and undertake research, to accelerate the commercialisation of ideas and to develop and retains skills.

Williams said that the Building on Information Technology Strengths (BITS) Incubator program had provided 86 million in funding to 11 companies and had resulted in job creation, increased ICT revenue, boosted exports and the fostering of the commercialisation of new ideas.

“The incubators have shown what can be achieved when people with good ideas get together with people who are in the business of making things happen,” he said.

Williams also said that the BITS Advanced Networks program would be given $21 million to extend for three years to 2006/07.

“These projects provide critical infrastructure for e-research and industry research and development in areas such as tele-health, wireless networks and distance learning,” he said.

NICTA - its mission is to undertake ICT research to an international standard and scale to conduct research training - will receive $251 million over five financial years beginning in 2006/07.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?