SENATOR THE HON TIM AYRES
MINISTER FOR INDUSTRY AND INNOVATION 
MINISTER FOR SCIENCE   

 SENATOR THE HON KATY GALLAGHER 
MINISTER FOR FINANCE 
MINISTER FOR WOMEN 
MINISTER FOR THE PUBLIC SERVICE 
MINISTER FOR GOVERNMENT SERVICES 

MEDIA RELEASE 

$387 MILLION BOOST FOR THE CSIRO 

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.  

For more information on the CSIRO and its work, visit: www.csiro.au.  

Quotes attributable to Minister for Industry and Innovation and Minister for Science Tim Ayres: 

“Publicly funded science is absolutely critical to the national interest and to solving some of Australia’s biggest challenges.

“I am incredibly focused on backing CSIRO to strengthen the role it plays in making life better for all Australians. 

“Only a Labor Government can deliver for CSIRO – by providing immediate and ongoing funding to ensure they continue to conduct groundbreaking science and research in the national interest.” 

Quotes attributable to the Minister for the Public Service Katy Gallagher:

“CSIRO does work that matters to Australians every day, from supporting our industries to helping keep our communities safe.”

“This investment gives CSIRO the stability it needs to keep delivering that work, and to plan for the future with confidence.”