Budget cuts ‘stalling’ R&D system ahead of generational change


Joseph Brookes
Senior Reporter

Abrupt cuts to commercialisation and emerging industry funding in Tuesday’s budget are “stalling” the national R&D system amid generational reforms and leaving a gap in the pipeline of innovative companies, the sector is warning.

The alarm from science and tech groups hangs over Treasurer Jim Chalmers’ “innovation budget”, which focused on private R&D investment and laid foundations for a public policy reset with a new council and more secure CSIRO …

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