Tony Abbott’s first Budget tore $3 billion from Australia’s science, research and innovation system, demolishing successful programs that were helping to deliver the jobs of the future.
The Budget was a disaster for Australian workers and the economy, creating a science brain drain and sending high tech jobs offshore.
It abandoned programs like Commercialisation Australia, Enterprise Connect and the Innovation Investment Fund that were helping turn Australian ideas into quality jobs.
CSIRO, the Australian Research Council, the Cooperative Research Centres program and the R&D Tax Incentive were all targeted with massive cuts, whilst NICTA has been left without funding from 1 July 2016.
With unemployment higher than it’s been in nearly a decade, and consistent warnings from the business community that we need to prepare for a world driven by innovation and new technology, the second Abbott Budget cannot repeat the mistakes of the first.
It is time to reinvest in the drivers of innovation and the jobs of the future – science and innovation simply can’t afford any more cuts.
It is time for Tony Abbott to start worrying lessabout keeping his own job and more about the jobs of the future.
The future of our economy depends on us being an innovative nation, investing in science, new technologies and building the new industrial capabilities that will drive breakthroughs in every field and industry.
But the Abbott Government has no plan for innovation and no plan for jobs.
Tony Abbott’s incompetence and dishonesty is hurting Australia. It’s hurting our economy, it’s hurting jobs and it’s hurting innovation.
Tony Abbott cannot continue to bury his head in the sand to avoid dealing with these issues. He and his Government need to act in this Budget.
Tony Abbott promised to make things better – but he has made things so much worse.
This Budget must reflect our national interest – not just Tony Abbott’s political interests.