Plans to refocus Australia's leading science agency's priorities due to financial strain, resulting in hundreds of job losses, have been labelled "necessary" by a government minister, while scientist groups warn a lack of investment will stifle innovation.

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The CSIRO has announced up to 350 full-time staff roles will be abolished as the agency embarks on a new research direction due to long-term financial sustainability challenges caused by funding not keeping pace with the rising costs of running a modern science agency.

The union representing the agency's workers and the peak body for scientists slammed the Albanese government for "devastat

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