The RACI welcomes the recently unveiled federal budget with the CEO, Mr. Shenal Basnayake, stating that the budget has numerous measures from the battery breakthrough Initiative, the strategic examination of R&D, to the investment in strengthening diversity in STEM and investing in programs that improve pathways into STEM. Mr. Basnayake further stated that it is promising to see the budget papers talk about the importance of science and research laying the foundations for new industries and productivity growth at a time when Australia needs to arrest the decline in R&D funding. A Future Made in Australia hinges on chemistry at its heart without which initiatives such as improved battery technology, and the creation of new green manufacturing capability will not be realised. The RACI stands ready and reaffirms its century old commitment to collaborating with government, industry, society as we strive for a better future for all.
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