As part of the 2023-24 May Budget, the Australian Government announced a $101.2 million investment to support the integration of critical technologies into businesses. This initiative aims to create 1.2 million tech-related jobs by 2030, boost local capacity, and drive the uptake of these priority technologies. Key components include $40.2 million for the Critical Technologies Challenge Program and $19.8 million for the Australian Centre for Quantum Growth.

These investments are designed to bridge the gap between research and practical application, ensuring that Australia remains at the forefront of global technological advancements.

The CTCP aligns perfectly with the goals of Industrial Transformation Australia 2025, providing a timely boost to the event's agenda. Attendees will gain insights into these groundbreaking initiatives, explore collaborative opportunities, and witness firsthand how these technologies are poised to transform industries. The event promises to be a landmark occasion, aligning with the national goal of creating 1.2 million tech-related jobs by 2030 and solidifying Australia's position as a leader in Industry 4.0.

For more details on the Critical Technologies Challenge Program and other initiatives, visit the Department of Industry, Science and Resources or industrialtransformation.com.au .