Budget 2013-14 - What this means for Geoscience Australia

14 May 2013

The 2013-14 Budget was delivered by The Treasurer, the Hon Wayne Swan MP this evening. The key highlights for Geoscience Australia are:

  • additional funding for Geoscience Australia of $34 million in 2013-14 and $40 million in following years: to enable provision of pre-competitive data to help secure Australia's future energy and mineral resource needs; to deliver enhanced data custodianship capabilities; and the continuation of vital services for geoscience monitoring and advice; and
  • the introduction of more comprehensive deliverables and key performance indicators which build on our Strategic Plan to provide both Government and the public greater transparency and accountability over the important work that we deliver.

Further details are available in the 2013-14 Portfolio Budget Statement (PBS) for the Resources, Energy and Tourism Portfolio.