Australia is very much a participant in the space industry with about 11,500 people working in the field. However, it has never had its own space agency -- and that may put it at a disadvantage next to the US, Canada and other countries that have concerted space strategies. The government hopes to fix that. It just unveiled plans to create Australia's first national space agency. There aren't many details at this point (more are expected later in the week), but acting industry minister Hon. Michaelia Cash argues that it's necessary to keep pace with a space industry that's "growing rapidly."