Space Industry May Take Off

Sunshine Coast Daily (Maroochydore, Australia), July 14, 2017 | Go to article overview

Space Industry May Take Off


Byline: Staff writers News Corp

A FEDERAL Government review will examine the feasibility of an Australian space agency, boosting the nation into an international club of above sky-high economies.

Most developed nations have space agencies to co-ordinate their research, communications and exploration efforts in what has become a global $420billion industry.

Even New Zealand has a slice of that pie.

Australia, despite having been at the forefront of early rocket and space developments, has lagged. It is one of just two OECD nations without a space agency.

"This is really a way to bring the whole issue to a head," Industry Minister Arthur Sinodinos said in a statement announcing the review.

"This is really about how do we set the scene for developing a space industry in Australia. And in that context, what role changed governance arrangements could play, including possibly the role of a space agency."

The review will be guided by a panel of experts chaired by former CSIRO head Dr Megan Clark. …

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