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Higher Education Support Amendment (Australia’s Economic Accelerator) Bill 2022

passed, as at 2023-03-14. Education portfolio.

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Not recorded
Portfolio
Education

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Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2022-12-01.

This bill would let the minister give grants for industry-led postgraduate research and for university research that moves technologies towards commercial readiness in priority sectors.

It sets up an Australia's Economic Accelerator Advisory Board of up to eight members to advise the minister on grants and a research commercialisation strategy updated every five years.

The board must produce an annual investment plan and a yearly report to parliament on program performance and barriers to commercialising university research.

Higher education providers, researchers, industry partners, and the Australia's Economic Accelerator Advisory Board and its priority managers.

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