The Government is set to invest $130 million in data analytics teams over the next three years, under the newly announced Data Integration Partnership for Australia (DIPA) initiative.
Financed by the Public Sector Modernisation Fund, the DIPA will maximise use of the Government’s vast data assets, allowing cost effective and timely insights into data that is already available.
Assistant Minister for Cities and Digital Transformation, Angus Taylor, said one of the policy areas to be analysed would be the costs and benefits of different forms of industry assistance.
“Data analytics provides an extraordinary opportunity to support policy development and deliver real outcomes for Australians,” Assistant Minister Taylor said.
“A central capability within the DIPA will coordinate specialised teams focused on social, industry, environmental and government efficiency policies.”
High value national data assets
Other areas to be analysed include identifying and preventing risk of disability in the workplace, supporting ongoing workforce participation for those with a disability, and better understanding the effects of medications to avoid adverse reactions.
The DIPA will create high-value national data assets to build longitudinal data about populations, businesses, the environment and government to inform the development and evaluation of policies and programs. The data will be de-identified and analysed in controlled environments governed by strict processes and legislation.
The Data Analytics for Effective Decision Making conference, taking place in Canberra this July, will provide strategies for linking and sharing data sets while maintaining privacy concerns. The event will focus on how you can improve your analytics capabilities and utilise data in decision-making. Book soon to secure your place!