An IT Supplier Advocate to be appointed to help secure more major IT contracts for Australia's $98 billion IT industry.
Broadband Internet for the Antarctic and fuel-efficient engines to launch us into space are two of the projects being funded.
NASA will construct a second state-of-the-art antenna at the Canberra Deep Space Communications Complex at Tidbinbilla.
The Rudd Government announced a national framework to guide the safe development of new technologies, such as nanotechnology and biotechnology.
The report outlines issues concerning Australia's approach to science on both a national and international level, as well the collaborative effort required to improve its standing.
Australia has the intellectual capacity to compete with the best in technology, but unless efforts are coordinated, its technological potential will be wasted.
Joint Australian-Chinese research into wireless communications and new medicines for treating infectious diseases are among the projects to receive funding.
The Government has announced that two research teams will share $50 million to develop a bionic eye.
Federal, State and Territory Innovation Ministers said they adopted a set of national innovation principles to guide policy development and increase the consistency of government innovation programs across Australia.
Senator Kim Carr announced that 71 research projects will share more than $30 million in funding under the Linkage Infrastructure, Equipment and Facilities scheme.