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

Yes, why not?

[Anonymous Coward]

If you want to live in a civilized society, then it's incumbent upon you to always ask the question "How can we do this or that without coercion?" A member of civilized society should delight in thinking about that question, not scoff at it.

The Government today is like the Church of yore; eventually, there will be a Separation of Economy and State.

Re:misleading summary

[hackertourist]

My apologies, I was thinking of Prospero, launched on a Black Arrow rocket from Woomera in 1971. No idea an Australian satellite preceded it.