Supporting the growth of Australian quantum jobs and industries.
CANBERRA 3 May 2023 – The Tech Council of Australia (TCA) welcomes the Australian
Government’s National Quantum Strategy (the strategy) released today by the Hon. Ed Husic
MP, Minister for Industry and Science. The strategy outlines a roadmap for the future of
quantum technology in Australia.
Kate Pounder, TCA CEO, said the strategy is a pivotal step in cementing Australia’s
leadership in this critical sector.
“The Tech Council of Australia, home to the Australian Quantum Alliance, welcomes the
Government’s release of the National Quantum Strategy. The National Quantum Strategy
provides national leadership at a crucial time for Australia’s quantum industry.”
Quantum technology is at an inflection point. Australia is a leader in the research and
development of quantum technology. We have built leading homegrown companies, and
attracted some of the world’s leading global companies in quantum to undertake research in
Australia.
Ms Pounder said “This strategy is an important step for Australia and highlights the
significant opportunity for increased commercialisation of quantum technologies.”
“The strategy builds on the momentum from the Australian Government’s $1 billion
commitment to critical technologies under the National Reconstruction Fund, the recent
announcement of a $3.4 billion Advanced Strategic Capabilities Accelerator in response to
the Defence Strategic Review, and the Australian Quantum Graduates Program.”
“Our challenge is to now become a leader in commercialisation. Early commercialisation will
deliver billions of dollars in economic value and thousands of jobs by 2030 globally and in
Australia, while supporting our strategic and national security objectives.”
“We welcome the strategy’s focus on improving investment and commercialisation
opportunities for quantum in Australia as these are crucial to get right.”
“We have strong foundations to build a globally successful quantum sector right here in
Australia – we are already home to more than 3% of global quantum start-ups and are
attracting 3.6% of global venture capital investment, well above our 1.6% share of global
GDP.”
“Our strength in quantum has been the product of strong government support for decades,
and we look forward to working with the Government to build on these existing measures
and help propel our quantum sector toward an even brighter future.”
For more information:
Sofia Polak, Akin Agency
media@techcouncil.com.au
0434 275 449
About the Tech Council of Australia
The Tech Council of Australia is the peak industry body for Australia’s tech sector. Providing a trusted voice for Australia’s technology industry, with over 160 members, the Tech Council comprises the full spectrum of tech companies. We aim to advise and engage with Australian governments, businesses, and the wider community to help support the ongoing creation, development, and adoption of technology across industries. Our vision is for a prosperous Australia that thrives by harnessing the power of technology.
About the Australian Quantum Alliance
The Australian Quantum Alliance forms part of the Tech Council of Australia. Our vision is for a thriving quantum industry in Australia that enables innovation, jobs, and economic prosperity. The Tech Council was founded on the principle that technology can bring vast economic and social benefits. As one of Australia’s leading technology sub-sectors, quantum technology is uniquely placed to offer the most innovative solutions to the world. The Alliance’s mission is to promote, strengthen and connect Australia’s quantum industry.
