Institute for Advanced Strategic and Political Studies

Amid a STEM crisis, here's what the 2023 budget promises for Australian science and innovation

Retrieved on: 
Wednesday, May 10, 2023

Australian innovation has the capacity to protect us – our environment, our digital world, our borders and our health.

Key Points: 
  • Australian innovation has the capacity to protect us – our environment, our digital world, our borders and our health.
  • But the science, technology, engineering and mathematics (STEM) sector has been sounding the alarm for years that our research system is in crisis.
  • Reviews in progress – including the Universities Accord, National Science and Research Priorities, and the Australian Research Council – are an opportunity to examine and respond to systemic problems.

More STEM degrees

    • The nuclear submarine workforce will be bolstered by $128.5 million for 4,000 new places for tertiary STEM education.
    • We’ll never say no to more STEM degrees in this engineer-poor, rapidly innovating world.
    • We’re already behind our OECD counterparts – Australia trains an insufficient number of engineers, with just 8.5% of Australian university graduates receiving engineering degrees compared with over 12% in Canada and over 23% in Germany.
    • This will continue to build a positive commercialisation environment and lead to more of Australia’s world class research becoming world class innovations.

En route to a net zero superpower

    • In a decarbonising global economy, Australia has the potential to be a clean energy superpower.
    • The new Net Zero Authority is an important step towards the urgent need to decarbonise and transform our domestic and export energy markets.
    • Read more:
      Australia finally has a Net Zero Authority – here's what should top its agenda

      We need a coherent plan for clean energy research, development and deployment, with the backing to realise the vision.

What’s missing from the budget for STEM

    • As we await Universities Accord outcomes, the government has avoided supporting the full cost of teaching STEM degrees.
    • Nothing has been announced to address urgent STEM professional shortages, and to support STEM workforce diversity.
    • Likewise, there’s silence on much-needed industry bodies – a National Engineering Council and the National Indigenous STEM Professional Network.

Arjuna Natural Names Anup Krishnan as New CEO

Retrieved on: 
Wednesday, February 16, 2022

Ltd. has appointed Anup Krishnan as its CEO to lead the company to the next stage of market growth.

Key Points: 
  • Ltd. has appointed Anup Krishnan as its CEO to lead the company to the next stage of market growth.
  • Krishnan brings to Arjuna 25 years of experience in innovation, business development, and operations.
  • "We welcome Anup Krishnan to Arjuna as the new CEO and head of the company," announces P. J. Kunjachan, Chairman & Managing Director of Arjuna.
  • For more than a quarter of a century, Arjuna Natural (Arjuna Natural Private Limited.)