The Australian government has allocated Aus$1.9 billion (US$1.4 billion) in its latest budget for scientific research facilities and medicine.
To be invested over the next 12 years in shared research infrastructure, the money is in addition to the $2.2 billion-plus funding the government had announced in December 2015 for the following decade to promote research and programmes.
According to a report on Nature, the new funding will be spent on microscopes, supercomputers, a marine observing system and telescopes that are used for research in a wide range of fields ranging from nanotechnology to oceanography.
Medical research will receive an increase of $1.3 billion, to improve health and boost the medical industry. $26 million has been allocated as seed funding to establish a national space agency.
To encourage more participation of women, $4.5 million will be spent over next 4 years.