NICTA has received an extra $42 million in 2015-2016 from the Rudd Government to help support the digital economy.
This brings the total Rudd Government investment in NICTA to $130 million during the next three years. The funding is already included in the Budget.
"With more than 580 researchers, technical and professional staff, 260 PhD students working across 30 research projects, training and commercialisation activities and partnerships with 17 universities, NICTA brings both scale and depth to Australia's ICT research," Minister Assisting for the Digital Economy, Senator Kate Lundy, said.
"This funding will enable NICTA to continue its world-class research, develop globally competitive ICT products, build innovative Australian ICT companies and continue its PhD program."
Since 2002 through to 2015, NICTA would have received $564.5 million in Government funding.