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    Media Statements

    Coat of ArmsMedia Release
    JOINT STATEMENT
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk
    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    $405 million to accelerate Advance Queensland – making Queensland the national innovation leader

    JOINT STATEMENT

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    Monday, June 13, 2016

    $405 million to accelerate Advance Queensland – making Queensland the national innovation leader

    The Palaszczuk Government will increase its investment in innovation and creating the jobs of the future to $405 million to advance Queensland’s new economy.

    Premier Annastacia Palaszczuk today announced the acceleration of Advance Queensland as a budget centrepiece with 13 additional initiatives to ignite the state’s economic growth and diversity.

    “I’m determined to make Queensland Australia’s innovation leader, which is why I have dramatically increased our investment and broadened our focus to embrace opportunities across the economy,” Ms Palaszczuk said.

    “We have turned our $180 million Advance Queensland Innovation and jobs plan into a $405 million whole-of-government innovation agenda, to help create the jobs of the future.

    “Advance Queensland is key to our state’s economic diversity. We are backing the innovators – startups, small business, school kids, farmers, scientists, researchers, tradespeople, engineers, doctors, teachers – because that will create a new era of opportunity for Queenslanders.”

    Ms Palaszczuk said her accelerated Advance Queensland initiative would include broader focus on sectors like small business and tourism.

    Unlocking potential of business to innovate

    • $22.7 million for Advancing Small Business Queensland Strategy
    • $10 million for Platform Technology Program

    “We have allocated $22.7 million on the Advancing Small Business Queensland Strategy, because the opportunities for innovation among small businesses is immense.

    “We will also invest $10 million to develop new platform technologies for business, in areas like drones, big data and the internet of things.

    Growing our regions

    • $6 million for Regional Innovation Hubs
    • $10 million for Cairns Innovation Centre
    • $33.5 million for Advance Queensland: Connecting with Asia – tourism jobs in the regions package

    “We know tourism is a key industry for Queensland, and we will work to secure more international air routes, create innovative tourism products, and drive digital connection.

    “That’s why we will introduce a $33.5 million tourism package, to help connect with Asia and grow jobs in regional Queensland.

    “To build regional innovation capability, $6 million will be invested in regional innovation hubs.

    “In addition, we are reaffirming our $10 million commitment to the Cairns Innovation Centre at James Cook University to focus on innovation, commercialisation and entrepreneurship. 

    “This commitment is subject to the finalisation of the business case and confirmation of contributions from James Cook University and the Australian Government.”

    Harnessing existing strengths and fostering emerging opportunities

    • $3.9 million for New Agricultural Economy
    • $40 million for Advance Queensland Industry Attraction Fund
    • $9 million for Industry Accelerators
    • $19.7 million for Queensland Biofutures 10-year Roadmap and Action Plan

    The Premier said a key to the whole-of-government package was to also attract new investment in Queensland industries.

    “To grow our major existing industries and to foster new industries we will invest to drive innovation and investment,” she said.

    “The $40 million Advance Queensland Industry Attraction Fund will be used to attract innovative, job-creating industries to Queensland, in the same way we have already attracted Southern Oil to Gladstone,” she said.

    Building future generations

    • $35 million for Integrated Healthcare Fund
    • $25 million for Clinical Genomics Service
    • $7.1 million for Global schools
    • $3.3 million for Schools for the Future

    “In addition to the Industry Attraction fund, we will also invest to build future generations by investing in health and education innovation.”

    “The Integrated Healthcare Fund will support hospitals in using new ideas to improve care at the same time as improving efficiency in health service delivery and the Clinical Genomics Service supports cutting edge genomics research by research institutions including the University of Queensland, Berghofer QIMR, CSIRO, QUT and Queensland Health.” 

    “In terms of education, the Global Schools initiative will expand studies in Asian languages, new technology teaching programs and enable schools to form partnerships across the globe and Schools of the Future will encourage students to study science, technology, engineering and maths (STEM).

    Minister for Innovation, Science and the Digital Economy and Minister for Small Business Leeanne Enoch said the announcement underlined the Palaszczuk Government’s commitment to prepare all of Queensland for the future knowledge economy.

    “The initial $180 million Advance Queensland program kick-started the innovation journey by boosting our research activities, encouraging entrepreneurships and startups, and connecting researchers with industry,” Ms Enoch said.

    “This $405 million Advance Queensland program reinforces how important innovation is to our future and further backs it in every part of the economy and all over the state. “Our major industries and our regions are incredibly innovative – we want to harness this energy to build the new economy.”

    Ms Enoch said that Advance Queensland funding was already making a difference in small business, industry and the broader community by supporting research and innovation.

    “Our brightest minds are tackling issues from improved diagnostics and better management of the Great Barrier Reef through to maximising renewable energy, producing next generation software and fighting cancer,” Ms Enoch said.

    “We have funded more than 186 funding applicants to undertake work in priority areas such as developing cleaner, renewable energy technologies, improving health services, protecting our biodiversity and improving agricultural practices and outcomes.”

    Further details on the funding are available on the Advance Queensland website.