The federal government, alongside the South Australian government and the City of Adelaide, has announced the signing of a deal touted as making the city of churches a "centre of innovation excellence".
The Adelaide City has received AU$551 million in total funding from all three governments, with the deal itself to span 10 years.
It will directly focus on growing Adelaide's innovation economy, a statement from Prime Minister Scott Morrison said, as well as supporting population growth and boosting the state's cultural and tourism economy.
Under the deal, Lot Fourteen in the north-eastern corner of Adelaide's CBD will be converted into an innovation precinct.
Lot Fourteen will host the headquarters of the Australian Space Agency, its mission control facility, and the Australian Space Discovery Centre, with Morrison noting it will also boast "major cultural attractions, high-tech businesses, and world-class education facilities".
The Australian Space Agency was stood up in July 2018, with a AU$41 million, four-year investment made under the 2018-19 federal Budget.
It was announced in December that the space agency would call South Australia home, after states and territories around the country spent six months battling for boasting rights.
Under the guidance of former Commonwealth Scientific and Industrial Research Organisation (CSIRO) boss Megan Clark, the agency has a mandate to triple the size of Australia's domestic space industry up to AU$12 billion by 2030, generating 20,000 new Australian jobs, and getting more kids to take up STEM-focused careers.
The Adelaide agency, however, is expected to employ only 20 full-time equivalent staff when it opens in mid-2019.
According to CSIRO, Australia's space industry was estimated to have generated revenues of AU$3-4 billion in 2017, with a workforce of around 10,000.
AU$67m boost given early for myGovID
Also on Tuesday, the Australian government announced that its digital identification play, myGovID, would be given an additional funding boost.
Forming part of the federal Budget to be handed down next month, AU$67.2 million has been allocated to accelerate development of myGovID, specifically to see the remaining seven of eight pilots be conducted.
Minister for Human Services and Digital Transformation Michael Keenan explained that a myGovID is the digital equivalent of a 100-point ID check that is expected to reduce the need of visiting an office or shopfront to prove who they are when doing business with government.
"The system also removes the need for people to remember dozens of separate government logins and passwords by creating a single, convenient solution," Keenan added on Tuesday. "Digital identity will help businesses and individuals access government services easily and securely, just like accessing your online bank account."
The first trial kicked off in October, with a small group of Australians able to use their myGovID to apply for a Tax File Number (TFN).
One upcoming pilot will see citizens use myGovID to access the Australian Business Registry; while another will use the digital ID to access grant management systems.
Other pilots include using myGovID to replace the ATO AUSKey, to access Department of Human Services programs such as Youth Allowance and Newstart Allowance, and to access the Unique Student Identifier.
The digital identity system will also be integrated with myGov.
MyGovID will be an opt-in system, unlike My Health Record, which required citizens to opt out of the service to avoid having the government hold their medical information.
Canberra expects myGovID to eventually enable all government services to be delivered seamlessly via digital channels -- a goal the Coalition wants to achieve by 2025.
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