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CRA Head Jane O’Dwyer welcomes federal investment in Australia’s research capabilities

Cooperative Research Australia (CRA) CEO Jane O’Dwyer has commended the $392 million Federal Budget allocation for the Industry Growth Program, calling it a welcome addition to the support mechanisms aimed at fostering Australia’s research capabilities. 

Budget covers $392m for industry growth, $101m for quantum and AI

The Albanese Government has earmarked $392 million for the Industry Growth Program in the form of grants to start-ups and small-to-medium businesses as well as $101 million for the development of quantum and artificial intelligence industries.

Australian medtech, pharma industries get boost in 2023 Federal Budget

The Federal government has allocated $392.4 million in funding for the establishment of a new Industry Growth Program that would boost the development of priority sectors, such as medtech, biotech, and pharma. 
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The economic forces driving manufacturing’s next cycle

Australia’s manufacturing sector entered 2026 with improving momentum, but renewed global disruption is again testing resilience across the industry.