The Australian Space Agency has finalised three sets of rules in support of the refreshed Space (Launches and Returns) Act 2018:

• the Space (Launches and Returns)(General) Rules 2019, effective immediately;
• the Space (Launches and Returns)(High Power Rockets) Rules 2019, effective 30 June 2020; and
• the Space (Launches and Returns)(Insurance) Rules 2019, effective immediately.

The finalised Rules, together with refreshes of the Flight Safety Code and the Maximum Probable Loss Methodology, and the Act, have modernised access to and participation in space commerce for local sector participants.

Download: Submission on the program design for the International Space Investment (ISI) initiative (PDF, 130 KB, 1 July 2019)

See all the submissions on the inquiry website.

This submission was prepared jointly by the Science Party and Taha Khan, who shares our vision for an effective, competitive space sector.

In June 2019, the Australian Space Agency called for submissions in response to its draft program design for the International Space Investment (ISI) initiative, a program under the Advancing Space: Australian Civil Space Strategy 2019–28 to allocate $15 million in funding over a three year period. Applications are scheduled to open in September 2019.

The consultation sought views on the appropriateness of the initiative's program design and nominated priority counterpart agencies.

Our submission makes specific recommendations that would add transparency and certainty to the funding and application process, the assessment committee's composition, and the government's expected terms with successful applicants. A copy will appear here in full once the Space Agency has considered and published the submissions.