The Morrison Government is positioning Australia as a global leader in providing premium, fresh, customised and nutritious food with new funding for an industry-led cooperative research centre.
The Future Food Systems Cooperative Research Centre will receive $35 million in funding from the Morrison Government over 10 years, as well as $149.6 million in cash and in-kind funds from more than 50 participants.
Minister for Industry, Science and Technology Karen Andrews said the aim of the CRCs is to develop important new technologies, products and services that help solve major economic, environmental and social challenges facing Australia.
“This CRC will work across the food supply chain and incorporate innovations in protected cropping, advanced manufacturing, smart logistics and food science to underpin high value industries in agrifood hubs,” Minister Andrews said.
“Building on the Liberal National Government’s commitment to City Deals and regional development programs, agrifood hubs will be established in Liverpool, Coffs Harbour and Armidale in New South Wales, Mildura in Victoria, Peel in Western Australia and Darwin.
“Around $747.9 million in funding has been committed to CRCs since the Liberal National Government came into office in 2013 and this latest funding further builds on our commitment to strengthening Australian industry.”
The CRC will assist in graduating 60 PhD students and train a new generation through relevant education programs. The broader benefits of the CRC include new science and technology related jobs and education pathways, improved community health outcomes through more nutritious, fresh food and more food-based regional tourism.
National Farmers’ Federation President Fiona Simson, said that sophisticated technology and stronger collaboration across the supply chain is needed for Australia to become a leader in booming export markets for trusted fresh foods and advanced precision nutrition goods.
“Our industry recognises the essential role of innovation as we enter this critical growth phase. The strong backing for this CRC across all sectors is a sign that Australian agrifood is ready to make a leap forward in export readiness and capability.”
The CRCs form part of our plan to invest in technology that supports everyday Australians. The Liberal National Government is committed to helping Australians and our industry, ensuring more job creation and a strong national economy. That’s why we’re investing approximately $2.4 billion in growing Australia’s research, science and technology capabilities, as announced in the latest Budget.
For more information on the CRC Program visit www.business.gov.au/crc