The Albanese Labor Government will invest an additional $387.4 million into CSIRO over the next four years to ensure its scientists continue delivering groundbreaking research aligned with Australia's national science priorities and in the national interest.
The funding announced today is in addition to the $278 million announced through 2025, and on top of CSIRO's existing near $1 billion annual funding allocation.
This investment into Australia's national science agency will ensure the CSIRO can meet the longer-term costs of operating critical science and research infrastructure, and at the same time, maintain greater workforce stability to deliver the research and technological breakthroughs Australian industries rely on.
The Government will also fund the crucial work of the Australian Centre for Disease Preparedness by supporting Stage 2 of the Geelong facility's modernisation and refurbishment.
The facility will receive a further $38 million, ongoing from 2030-31, to continue safeguarding Australia's agricultural industries against biosecurity threats.
These investments support the CSIRO to drive innovation and further sharpen its research focus to the areas that matter most to Australians and Australia's industries.
This investment and reform is essential to make sure the facilities, research priorities and technologies of today meet the needs of tomorrow.
