$42 million bonus to communications technology

Barcham 7 August 2013

The Government have announced that National Information and Communications Technology Australia (NICTA) will be receiving a further $42 million in funding over 2015 to 2016, according to governmentnews.com.au.

Minister Assisting for the Digital Economy, Senator Kate Lundy, is pushing the financial top-up for the research house as an essential element to boost the so-called digital economy as a counterweight to offset the abating mining boom.

Senator Lundy said the latest money for NICTA took its funding to $130 million over the next three years and that the contribution was already included in the Budget.

However the government’s upgraded investment in NICTA is about more than just ploughing warmly welcomed cash into the science and technology sector.

The federal government as well as state governments are increasingly recipients and consumers of NICTA developed solutions that act to drive down the cost of public administration and service delivery at a time when pressure on budgets is growing

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