Horizon Europe association costs
Question
''1. What is the total estimated cost to the Commonwealth of associating to Horizon Europe in 2026-27? 2. What is the estimated cost in each year of the forward estimates? 3. What is the estimated total cost over the life of the agreement? 4. What formula will be used to calculate Australia's financial contribution? 5. Will Australia pay an operational contribution, a participation fee, or both? 6. What is the expected annual operational contribution? 7. What is the expected annual participation fee? 8. Has Australia negotiated a fixed annual operational contribution schedule similar to New Zealand's Horizon Europe agreement, or will Australia's contribution be calculated using the standard GDP contribution key against EU programme appropriations? 9. Will Australia's contribution be paid in euros? a. What exchange rate assumption has been used in the forward estimates? 10. Which budget line will fund Australia's contribution? 11. Has any funding been appropriated for Australia's contribution? 12. Will the contribution be funded from existing departmental resources or new money?''
Answer
See attached response.
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