The Australian Government is committed to securing a stronger future for the country’s manufacturing industry, and co-investment plans play a crucial role in achieving this goal. These plans aim to rebuild, modernise and diversify Australian manufacturing, which will benefit the economy and local communities. A thriving manufacturing industry is vital to improving economic resilience and building a smart and diverse economy in Australia.

The co-investment plans focus on seven priority areas identified by the government and provide information on areas of investment that hold promise. They also outline potential further actions that could help build ecosystems that support manufacturing growth and competitiveness in these priority areas.

Today we welcome the launch of the Medical Science Co-investment Plan. The Plan identifies potential investment opportunities in the areas including:
– Digital health
– Medical devices
– Innovative therapeutics
– Sustainability

These co-investment plans are a result of a collaborative effort between the government, industry, peak bodies, academia and unions.

Learn more: https://www.industry.gov.au/MedicalScienceCo-investmentPlan