Space The New Frontier For Australian Business

Posted: 15/07/17 15:45

CSIRO chief executive Dr Megan Clark AC will review Australia's space industry capability, it was announced today by the Minister for Industry, Innovation and Science, Arthur Sinodinos.

An Expert Review Group, chaired by former CSIRO chief executive Dr Megan Clark AC will review Australia's space industry capability, it was announced today by the Minister for Industry, Innovation and Science, Arthur Sinodinos.

 

The sky is the limit for implications for future tenders in this evolving industry, with the sector growing at a rate of 9.52 per cent from 1998 to 2015, more than three times the annual growth rate of world GDP in the same period. Globally, revenue from space-related activities in 2015 was about US$323 billion.

The review will consult widely and examine Australia’s current capability and areas of comparative advantage, as well as our regional and international collaboration within the sector. It will also consider how the space industry sector aligns with other sectors and government priorities.

Minister for Defence Industry, the Hon Christopher Pyne said today he believes that Australia can participate in the global space sector.

"Through development of the technical capability and knowledge required for this demanding sector, develop skills to grow other advanced manufacturing industries in Australia," he said.

With Elon Musk putting space travel development back on the front pages, the announcement is timely. The current pace of development in the international space sector will encourage industry and government investment in the Australian sector.

Mr Pyne hopes itt will provide a strategic framework for the Australian space sector supporting leadership, innovation, opportunity and entrepreneurship, along with our broader national interest.

The review will commence with the first meeting of the Expert Reference Group on 20 July 2017 and will be completed by the end of March 2018.

The membership of the Expert Reference Group brings together a wealth of experience from a range of backgrounds and the Terms of Reference of the group focus on understanding the opportunities and capabilities within the space industry, as well as how the Australian space industry sector aligns with other sectors and Government priorities.

The review will be undertaken under the direction of an Expert Reference Group (ERG) chaired by Dr Megan Clark AC. 

Review of Australia’s Space Industry Capability Terms of Reference

The Review of Australia’s Space Industry Capability will build on the principles set out in the existing Australia’s Satellite Utilisation Policy (2013) by developing a strategic framework for the Australian space sector that supports leadership, innovation, opportunity and entrepreneurship across the sector along with our broader national interests.

The Review will specifically address the following matters:

  • identifying Australia’s current industry capability and areas of comparative advantage for Australia to develop,

  • technologies and practices that promote innovation in both the downstream (users of space technologies) and upstream (providers of space technologies) elements of space activities, particularly in areas of niche capability and competitive advantage,

  • Australia’s level of regional engagement and international collaboration, including identifying critical future and existing partnerships,

  • identifying capability gaps to support the global competitiveness of Australian firms in the civil space sector,

  • strategies to promote Australian firms engaged in the civil space sector, both domestically and internationally,

  • risks and opportunities, including ongoing access to space data and associated infrastructure essential to our national interests,

  • alignment with other sectors and Australian Government priorities, including Defence and cyber security, and meeting Australia’s international obligations, and

  • the most effective institutional arrangements to support the strategic direction of Australia’s space industry

Consultations with key stakeholders and state jurisdictions will be conducted as part of this review with a focus on the matters set out above.

The review will commence from July 2017 and be completed by end March 2018.

Expert Reference Group

  • Chair
  • Dr Megan Clark AC
  • Expert Reference Group Members
  • Prof Russell Boyce
  • Mr Michael Davis
  • Dr David Williams
  • Dr Stuart Minchin
  • Prof Steven Freeland
  • Prof Anna Moore
  • Dr Jason Held
  • Ms Flavia Tata Nardin

 

Find Out More