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We can definitely afford it; Ukraine spends 1/3 of what we spend on the CSIRO and they develop and build rockets to launch satellites, etc. Even Switzerland trains astronauts with a budget of $10 million (Ukraine's space agency has $250 million, CSIRO obviously $750 million). Even if we spent $100 million, it'd have the power to have a large impact on how children in Australia view science, etc. How many 5 year olds know what NASA is? How many know what the CSIRO is?
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Clive Palmer can. If he's gonna waste money on a Titanic 2 and a mechanical dinosaur park, then the mofo can spend his insane amount of dough on something useful for once in his life.