The Morrison government will spend $2 billion on commercialising ideas, and will also promise up to $800 in incentive bonuses for aged care staff,
The Morrison government will dedicate $2 billion towards commercialising ideas in priority areas of economic need, and will also promise up to $800 in incentive bonuses for aged care staff, as it seeks to tackle long and short-term challengesIn his year-opening speech to the National Press Club on Tuesday, Scott Morrison says the aim of the commercialisation funding will be to bridge the so-called valley of death.
Labor has slammed this pool of money as a slush fund for election bribes but Mr Morrison says the policy he will announce on Tuesday will be critical to better aligning the nation’s researchers and innovators with the government’s manufacturing priorities.These priorities are resources and critical minerals, food and beverages, medical products, recycling and clean energy, defence and space.
Mr Morrison will say that already eight university proposals, which have industry partner backing, have been shortlisted. The speech will be delivered as the government finds itself in deep trouble ahead of the May election.A Newspoll published on Monday had federal Labor leading the Coalition by 56 per cent to 44 per cent on a two-party preferred basis. The Coalition’s primary vote had slumped to 34 per cent and its strength as preferred economic manager had been negated.
It will cost $209 million and come on top of three previous bonus payments given to 234,000 aged care workers early in the pandemic at a cost of $393 million.Health Minister Greg Hunt said about 60 per cent of the fatalities were people in palliative care and about 25 per cent were either unvaccinated or only partially vaccinated.
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