Australia Finally Creates Its Own National Space Agency (yahoo.com)

50 years after Australia became the third country to launch a satellite into space, they had another big announcement. An anonymous reader quotes AFP: Australia on Monday committed to creating a national space agency as it looks to cash in on the lucrative and fast-evolving astronautical sector. The announcement came at a week-long Adelaide space conference attended by the world's top scientists and experts including SpaceX chief Elon Musk. It brings Canberra -- which already has significant involvement in national and international space activities -- into line with most other developed nations, which already have dedicated agencies to help coordinate the industry and shape development. "The global space industry is growing rapidly and it's crucial that Australia is part of this growth," acting science minister Michaelia Cash said in statement.
The Australian government estimates that the global space sector now drives $323 billion in revenue each year.

Comments

Re:Just what we need ...

[Anonymous Coward]

yeah look how well we work together when we combine out efforts, NATO, The United Nations, The USSR, United States. I am sure a combined effort for space would be just as successful....

now lets move back to reality, mankind tends to excel better WITHOUT huge bureaucracy's sitting over it and comes up with far more original thinking and ideas when efforts are competitive rather than collaborative. I suspect a combined effort would more likely set us back a few decades rather than move efforts forward.