Arthur Sinodinos (NSW, Liberal Party, Minister for Industry, Innovation and Science) Share this | Hansard source

It is true to say that we are not just focused on South Australia and Victoria. We have other programs that look at advanced manufacturing across the country. Our $250 million Industry Growth Centres Initiative is building capability and stronger industry systems, helping Australia transition into smart, high-value and export focused industries. Important, in that regard, is the Advanced Manufacturing Growth Centre, which focuses on leading cultural change in advanced manufacturing. But all sectors—food and agri, oil, gas and energy, mining equipment, technology and services, medical technologies and pharmaceuticals—will rely on developments in advanced manufacturing for their own growth.

This is on top of the government's $195 billion investment in our nation's future defence and its commitment to harnessing innovation in the defence sector. The Centre for Defence Industry Capability, in my portfolio, has been funded to $230 million to 2025-26 as a demonstration of that commitment. (Time expired)