EPISODE · May 14, 2026 · 1 MIN
Budget Cuts Slash Australia's Research-to-Products Program
from Melbourne News Today | 2 Min News | The Daily News Now!
The Australian governments recent budget cuts have slashed $760 million from the Economic Accelerator program, a key initiative for turning research into real-world products. The funds are being redirected to the CSIRO and National Measurement Institute, leaving current grants safe but new projects unfunded after 2025-2026. Researchers and university leaders express frustration, highlighting the impact on applied research with significant social and environmental benefits. The budget is seen as a mixed bag, with a new National Resilience and Science Council but a lack of steady funding for non-medical research, potentially leading to talent loss. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ad20650f4a240158
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Budget Cuts Slash Australia's Research-to-Products Program
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