A new national interest framework designed to impose “rigour” on Future Made in Australia investments should be retrospectively applied to the federal government’s $470 million quantum computing bet.
That’s according to the Productivity Commission, which has asked the government to apply its proposed National Interest Framework (NIF) to Future Made in Australia (FMiA) decisions already taken, including solar investments unveiled in the lead-up to the May Budget.
In its submission to the Senate committee reviewing the Future Made in Australia Bill, the economic advisory body said the new framework was a welcome step, but that its role should be “enhanced” to ensure the government gets maximum value for money from public investments.
Want to know how this story ends?
Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.
Do you know more? Contact James Riley via Email.