Higher Education And Science Are Big Winners.
FASTS have welcomed the Government's significant increase in investment in higher education and science.
The President of FASTS, Professor Tom Spurling said the budget measures will go a long way to re-energising Australiašs education and innovation capacities.
The increase in operating grants and removal of some of the constraints on universities will lead to a more dynamic sector.
FASTS are pleased with the increases to grants for science and mathematics at universities.
Mathematics and statistics are significant winners with an increase in the base Commonwealth grants from $5381pa to $8217pa per undergraduate student.
FASTS are delighted that CSIRO has received a noteworthy increase of 19.5% compared to the previous 4 year period.
CSIRO'S underlying funding has increased by over $120m for the next 4 years, in addition, it will receive more than $244m for new initiatives.
The big-ticket item of the $5 billion endowment fund, is a responsible use of budget surpluses and will provide a very important source of long-term investment in capital and research infrastructure.
FASTS also welcomes the range of student income support measures that will make life a little easier for students.
There is much detail to be absorbed and worked through, but this budget is a significant and positive step forward for Australiašs education and science sectors, concluded Professor Spurling.
Media Inquiries: Bradley Smith (0408) 511 261
The Federation of Australian Scientific and Technological Societies (FASTS) is the peak representative body for 60,000 Australian scientists and technologists.
FASTS have welcomed the Government's significant increase in investment in higher education and science.
The President of FASTS, Professor Tom Spurling said the budget measures will go a long way to re-energising Australiašs education and innovation capacities.
The increase in operating grants and removal of some of the constraints on universities will lead to a more dynamic sector.
FASTS are pleased with the increases to grants for science and mathematics at universities.
Mathematics and statistics are significant winners with an increase in the base Commonwealth grants from $5381pa to $8217pa per undergraduate student.
FASTS are delighted that CSIRO has received a noteworthy increase of 19.5% compared to the previous 4 year period.
CSIRO'S underlying funding has increased by over $120m for the next 4 years, in addition, it will receive more than $244m for new initiatives.
The big-ticket item of the $5 billion endowment fund, is a responsible use of budget surpluses and will provide a very important source of long-term investment in capital and research infrastructure.
FASTS also welcomes the range of student income support measures that will make life a little easier for students.
There is much detail to be absorbed and worked through, but this budget is a significant and positive step forward for Australiašs education and science sectors, concluded Professor Spurling.
Media Inquiries: Bradley Smith (0408) 511 261
The Federation of Australian Scientific and Technological Societies (FASTS) is the peak representative body for 60,000 Australian scientists and technologists.
Further Info:
