Each year the Australian Government honours Australia’s best scientists, innovators and science teachers through the Prime Minister’s Prizes for Science.
There are five prizes for science and innovation (referred to as the Science Prizes) and two prizes for science teaching (referred to as the Science Teaching Prizes).
Science Prizes
• Prime Minister’s Prize for Science is awarded for a significant advancement of knowledge through science. Prize money of $250,000 is awarded to the recipients.
• Prime Minister’s Prize for Innovation is awarded for the innovative translation of scientific knowledge into a commercially available product, service or process that has had substantial economic, social and where relevant environmental benefits. Prize money of $250,000 is awarded to the recipients.
• Malcolm McIntosh Prize for Physical Scientist of the Year and Frank Fenner Prize for Life Scientist of the Year each recognise an exceptional achievement in science that benefits, or has the potential to benefit, human welfare or society. Prize money of $50,000 is awarded to the recipients.
• Prize for New Innovators recognises an exceptional early achievement towards the successful commercialisation of scientific research with substantial economic, social and where relevant environmental benefits. Prize money of $50,000 is awarded to the recipients.