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

I forgot to thank the honourable member before for her question and her interest in all of this. The Silicon Quantum Computing company is a great example of government coming together with businesses and researchers to build a future industry for our country. In addition to our investment of $25 million, the University of New South Wales is contributing a further $25 million, with the Commonwealth Bank and Telstra providing $10 million each. The New South Wales state government recently pledged $8.7 million to the company.

At the centre of the National Innovation and Science Agenda is the development of a collaborative ecosystem in Australia, bringing together research, ideas and entrepreneurship to create Australian jobs. When I became minister, I said I wanted to make collaboration a hallmark of my efforts in the portfolio. The establishment of the Silicon Quantum Computing company is yet another example of our government delivering on that commitment.