On behalf of Australia’s 39 universities, UA welcomes one of the largest investments in our sovereign capability which will help create jobs, elevate overall wellbeing and drive economic growth. UA believes the most effective way to achieve the objectives of the NRF is to invest in projects that involve substantial amounts of research and development (R&D) and are driven by university-industry collaboration.
On 3 February 2023, we made a submission to the Department of Industry, Science and Resources’ consultation on the National Reconstruction Fund, where we highlighted the critical role our universities play in undertaking and commercialising research, training the future workforce collaborating with industry partners. As a result of this, we urge the government to include representation from the higher education sector in implementing the NRF, including the NRF Reference Group announced by Minister Husic on 29 November 2022.
Australia’s universities are ready to work with the government on this critical investment.
Please find UA’s submission to the Department of Industry, Science and Resources’ consultation on the National Reconstruction Fund attached.