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Scott Morrison to announce $50 million investment in a new business and research partnership involving the University of Newcastle and the University of NSW

Prime Minister Scott Morrison will visit the Hunter on Wednesday to announce a $50 million investment in a new business and research partnership that the government expects will create 1,600 jobs over the next four years.

 

PM announces $50m burst of energy for university and region

The University of Newcastle and the University of New South Wales will work with 27 industry partners, including 23 small businesses to develop world-leading technology in solar, hydrogen, storage and green metals, and rapidly deploy new technology solutions.

The partnership is the third project to receive funding through the Trailblazer program, which is designed to focus Australia's research power on national manufacturing priorities.

"Our economic plan is supercharging Australia's research and development, creating more jobs and helping to build a strong economy and a stronger future," Mr Morrison said.

"We are investing in new clean energy technology to turbo charge our significant investments in hydrogen to create jobs around Australia, particularly in the Hunter."

Acting Minister for Education and Youth Stuart Robert said the university partnership and its industry collaborators had promised more than $220 million in co-investment, matching public funding by around 4 to 1.

Read the full article published in the Newcastle Herald 10th May 2022

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