Queensland's Quantum Economy Boosted by New Strategy

JOINT STATEMENT
  • The Palaszczuk Government has released the Queensland Quantum and Advanced Technologies Strategy, which has been developed in consultation with universities and industry
  • Quantum technologies have emerging applications across renewable energy, critical minerals, batteries, medicine and defence
  • The government will invest $76 million over the next four years to support the strategy's implementation and drive the creation of high-value local jobs

A new strategy to support the continued growth of the quantum technology industry is set to enhance Queensland's status as a world leader and create more high-value jobs.

Premier Annastacia Palaszczuk officially launched the Queensland Quantum and Advanced Technologies Strategy during her CEDA State of the State address.

The strategy leverages Queensland's outstanding research and fabrication capabilities across quantum and other related technologies such as semiconductors, superconductors, photonics, and micro-electromechanical systems (MEMS), for application in industry sectors such as renewable energy, critical minerals, batteries, medicine, and defence.

It will also support the commercialisation of research and intellectual property in Queensland by attracting and building new advanced technology businesses in the state, creating skilled jobs on home soil.

The strategy has five key pillars:

  • Deep science capability to maintain Queensland's leadership position in quantum science
  • Science commercialisation to grow the local quantum and advanced technologies pipeline
  • Quantum workforce to train, attract and retain the skilled people needed for a quantum ecosystem
  • Engagement and missions to help industry to become adept at using deep science to solve Queensland's challenges
  • Investment to attract external commitments into the Queensland quantum ecosystem

The strategy was prepared in consultation with Griffith University, Queensland University of Technology, The University of Queensland, University of Southern Queensland, and key quantum and advanced technology companies.

Delivery of the Strategy will be overseen by Quantum Innovation Queensland, a new governance group with representatives from universities, industry and government and led by the incoming Queensland Chief Scientist.

Additionally, a new Quantum and Advanced Technologies Directorate will be formed within the Department of Environment and Science to be a 'front door' for the quantum sector, deliver the Strategy's programs, and foster the long-term growth of the quantum and advanced technologies sector.

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