CSIRO Gearing Up For $150M Budget Chop
By Anne Lu | April 14, 2014 2:14 PM EST
CSIRO is gearing up for a serious budget cut. Australia’s science research agency is already bracing for a likely scenario in which its budget would lose up to $150 million, or more than 20 per cent of its total funding from the government.
As Fairfax Media has revealed, the top executives of the Commonwealth Scientific and Industrial Research Organisation are expecting to lose 20 per cent of the agency’s $757 million annual funding.
Chairman Simon McKeon admitted that they are preparing for different budget scenarios.
The operational budget has not been finalised for the next financial year yet, and the agency is still waiting for the May budget.
“We have to wait until budget night to see what the marching orders are,” Mr McKeon told Fairfax Media. “But clearly we are in an era where there is a likelihood of some belt-tightening.”
The executive management council has apparently been told to put their divisions under the microscope. A source said that the managers have been ordered to identify the areas of scientific research that the agency could “get out of.”
The reported budget cut did not please Deputy Greens leader Adam Bandt, who said that it would “rip the guts of CSIRO and accelerate Australia’s “brain drain.”
“We can’t continue to produce world-class research if the government keeps threatening the research budget every May. Tony Abbott must rule out any cuts to CSIRO and research in the May budget,” he said, adding that the Greens would fight the move.
Labor science spokesman Kim Carr called the budget cut a travesty for science in the country, saying, “The government is doing great harm to Australia’s national interest and putting us at an immense disadvantage in the highly competitive international science community.”
On Friday, CSIRO announced that 300 jobs would be let go in the next financial year. The agency already axed 400 jobs last year. The news followed a revelation by the news source that Industry Minister Ian MacFarlane was told to find up to $2 billion in savings in his portfolio.
To contact the editor, e-mail:
Most Popular Slideshows
Join the Conversation
- Yuka, A Woolly Mammoth, Is Just 39,000 Years Young, And Wears A Reddish Coat
- Army Of Moonwalkers May Soon Be Ready As Michael Jackson Reportedly Cloned Himself Before Death
- Social Media Conspiracy Fires Up Due To Ancient Engraving On Mars [Watch Video]
- Virgin Atlantic Space Tourism Rocket Crashes At Test Flight, 1 Dead
- Aussies Love Robots More Than The Japanese Do
- NATO: Russia's Been Conducting Too Many Military Flights Over Europe
- Nokia Lumia 730 v. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Moto X 2014 vs. Motorola DROID Turbo - Specifications, Features And Price Showdown
- Apple iPhone 6 Plus vs Motorola Droid Turbo: Comparsion On Processor, Software And Battery
- Australia Special Forces Await 'Delayed' Iraqi Visas Before Joining ISIS Fight
- Dismantling Of Fukushima Reactor 1 Faces Delays, US Judge Gives Sailor Go Signal To Push Through Lawsuit Against TEPCO Over Radiation
- ISIS Has Been Equipped With Advanced Anti-Aircraft Missiles