Our value to the Australian economy is massive. Even just considering six CSIRO contributions, the Australian economy reaps $5 billion a year in benefits from the Australian Animal Health Laboratory, our work in cotton, our longwall mining technology, our Opticool energy control system, our Novacq prawn feed, and our water resource assessment work.

Our formation

We're an Australian Government corporate entity, with a Board and Chief Executive. We're constituted by and operate under the provisions of the Science and Industry Research Act 1949 , which sets out our functions and powers, as well as those of our Minister, Board and Chief Executive. The governance, performance and accountability of our operations, including the use and management of public resources are set out in the Public Governance, Performance and Accountability Act 2013  and related rules.

The Science and Industry Research Act 1949 defines our purpose and the functions we undertake for the benefit of Australia:

• To carry out scientific research for any of the following purposes:
  • Assisting Australian industry;
  • Furthering the interests of the Australian community;
  • Contributing to the achievement of Australian national objectives or the performance of the national and international responsibilities of the Commonwealth; and
  • Any other purpose determined by the Minister;
• To encourage or facilitate the application or utilisation of the results of such research.

Our secondary functions include international scientific liaison, training of research workers, publication of research results, technology transfer of other research, provision of scientific services and dissemination of information about science and technology.