Mirage News
The Australian Academy of Science says ABS data released today reveals Australian business expenditure on R&D is flatlining as a percentage of GDP, as leaders consider how to improve the nation’s productivity. The ABS data showed business spent $24,410 million on R&D in 2023-24, up 18% from 2021-22. President of the Australian Academy of Science
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Flatlining R&D Investment Stalls National Productivity | Mirage News
Mirage News
13:26
The Australian Academy of Science says ABS data released today reveals Australian business expenditure on R&D is flatlining as a percentage of GDP, as leaders consider how to improve the nation’s productivity. The ABS data showed business spent $24,410 million on R&D in 2023-24, up 18% from 2021-22. President of the Australian Academy of Science
