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Staff at Australia’s national science agency are warning a funding boost worth hundreds of millions of dollars will not keep pace with the cost of research.
Treasurer Jim Chalmers announced a $233 million commitment to the CSIRO as part of the mid-year budget update.
The funding will be over the next two financial years to maintain research and innovation, and will be on top of the CSIRO’s existing budget of almost $1 billion a year.
While the Community and Public Sector Union said the extra money was “desperately needed”, it would not address long-term funding issues and aggressive cuts.
