Opinion
Has Labor written off its promise to supercharge R&D?
A review into the innovation system would be timely if we seek to achieve the productivity gains Treasury has built into its forecasts.
Kim CarrNear on a decade of neglect has left Australia’s national innovation system in a lamentable state.
The most recent funding tables show that government expenditure on research and development as a percentage of GDP is at its lowest levels since records began. Further, that during the pandemic, education spending actually fell.
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