The Queensland government has announced $7.7 million in funding over four years to establish Australia’s first robotics manufacturing hub in Brisbane.
Minister for Manufacturing Cameron Dick says the Advanced Robotics for Manufacturing Hub would be developed in partnership with QUT and Urban Arts Projects, with a further $10 million in private investment.
Minister Dick says a report commissioned by QUT found the most likely economic benefit from the adoption of robotics and automation in Queensland over the next 10 years is 1.5 per cent added growth, a $77.2 billion boost to Gross State Product and 725,810 new jobs created.