Digital, AI feature heavily in federal budget

By on 12 May, 2021

Image courtesy Ch’enMeng/mikemacmarketing/Liam Huang/Wikimedia Commons, CC BY 2.0

The federal government has outlined a raft of incentives and grants programs for the digital economy in its annual budget, announced on Tuesday, May 11.

According to government statements, almost $1.2 billion will be invested in “Australia’s digital future” through the Digital Economy Strategy.

“Every business in Australia is now a digital business,” said the Prime Minister, Scott Morrison, including those who use geospatial services such as “The farmer who keeps track of their herd with electronic tags or drones.”

“This transformation is not merely a national one that needs to happen — it’s a global one that is happening.

“We must keep our foot on the digital accelerator to secure our economic recovery from COVID-19.”

Key initiatives include:

  • $35.7 million to support emerging aviation technologies such as drones, including grants to support their use to address needs in regional Australia.
  • More than $100 million to boost workforce digital skills, including a pilot program for work-based digital cadetships.
  • $124.1 million in AI initiatives, including a National Artificial Intelligence Centre led by CSIRO Data 61, supported by AI and Digital Capability Centres.

Stay up to date by getting stories like this delivered to your inbox.
Sign up to receive our free weekly Spatial Source newsletter.

You may also like to read:


, , , ,

No comments yet.

Leave a Reply


Newsletter

Sign up now to stay up to date about all the news from Spatial Source. You will get a newsletter every week with the latest news.

  • This field is for validation purposes and should be left unchanged.
New basemap options coming for NSW
DCS Spatial Services is releasing new basemaps with a range ...
Vendor focus: Anditi
In the lead up to Locate22 in May, we’re highlighting some...
Make sure you don’t miss Locate22
Here’s a preview of what you’ll see, learn and experienc...
CASA drafts 10-year safety roadmap for drones
The roadmap aims to provide a plan to integrate drones into ...
Maxar invests in analytics firm, Blackshark.ai
The investment will enable Maxar to bring more 3D capabiliti...