Govt R&D spend to slide after post-pandemic bump


Government R&D spending as a share of GDP is set to continue its slide after a brief bump over the last two years, with new data forecasting expenditure will grow just $215 million this financial year.

As industry leaders prepare to make the case for an R&D boost at the productivity roundtable, the Industry department has released new modelling that shows R&D expenditure will climb 1.4 per cent to $15.14 …

Want to know how this story ends?

Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.

Already a member? Log in here

Do you know more? Contact James Riley via Email.

Related stories