Australia will establish a national space agency to grow its space industry, the government has said.
The nation is one of the only developed countries in the world not to have a space agency.
Acting Industry Minister Michaelia Cash said it was “crucial” that Australia capitalised on the rapid growth of the global space industry.
It follows a domestic industry review which had called for a dedicated body to be established.
“The agency will be the anchor for our domestic co-ordination and the front door for our international engagement,” Ms Cash said.
Political and industry leaders hope it will lead to thousands of new jobs.
The Australian government estimates the global space industry…