The federal government has announced the creation of a cooperative research centre (CRC) for Northern Australia investment for short-term collaborative projects that the government hopes will enhance the competitiveness of northern Australia.
The CRC will be located in Townsville and will be comprised of industry representatives from Queensland, Western Australia and the Northern Territory.
Minister for industry Arthur Sinodinos said that the new CRC will have a few key focuses.
“This CRC will bring together industry, research organisations and all northern jurisdictions with international partners to tackle barriers to private investment in the north, with an initial focus on agriculture, food and tropical health,” Sinodinos said.
Leichhardt member of parliament Warren Entsch said the CRC will help develop aquaculture opportunities in the North.
“It’s also about how we overcome impediments to development, and looking strongly at indigenous-led development in Northern Australia – particularly in areas such as aquaculture, where there are significant opportunities,” he said.
Applications for short-term collaborative grants are now open.