MinEx CRC welcomes continued support for industry-led collaborative research in 2025 Budget.

Australian industry will continue to receive support through established programs and initiatives, such as the National Reconstruction Fund, Industry Growth Program, Cooperative Research Centres (CRC) Program, and Research and Development Tax Incentive.

The CRC Program will continue to receive funding at current levels over the forward estimates, with an allocation of $848 million, consistent with the $839 million projected in 2024-25.

A concise overview of the 2025 Federal Budget can be found below.