Budget strips $800m in uni grants to fund new science programs


The Albanese government will scrap its flagship commercialisation program, Australia’s Economic Accelerator, and redirect more than $800 million in uncommitted funding to new science and research initiatives in next week’s budget.

Finance minister Katy Gallagher revealed the move on Friday as part of a $64 billion savings package the government plans to use to cover the cost of “unavoidable pressures” across the economy.

The budget will also cut $276 million …

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