Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Tim Hastings
How sustainability efforts in the food industry are going up in flames
[ Mon, Dec 02nd 2024 ]: Tim Hastings
ISRO's workhorse PSLV-XL to launch Proba-3 mission: All you need to know
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Windows 10 is fighting back and it is terrible news for Microsoft's Windows 11
[ Mon, Dec 02nd 2024 ]: Tim Hastings
What the departing White House chief tech advisor has to say on AI
[ Mon, Dec 02nd 2024 ]: Tim Hastings
China: Passengers may experience 5G connectivity in 1,000km/h trains, says study
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Call to boost Aussie research funds as review launches
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Want to try the 'Human Washer of the Future'? Japanese company develops AI-bathtub
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Asia's Universities Are Redefining Excellence In Higher Education
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Cyber Monday 2024 camera deals live: Plus, saving .. telescopes, binoculars and stargazing accessories
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Millions of Android users put on red alert and told to delete these popular apps now
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Australia news LIVE: House values tumble as econo .. touts international coverage of social media ban
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Sky offers last chance to ditch your dish and get a vastly cheaper way to watch TV
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Time Moves Faster On Moon Than On Earth? Scientists Reveal
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Data, AI, and customer-centricity: Navigating the .. finition of financial services in the digital era
[ Mon, Dec 02nd 2024 ]: Tim Hastings
'Worth $19.5 million': NASA to launch an artificial star which will orbit 22,236 miles above Earth
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Canada to tackle labor shortage with immigrants in key sectors
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Hong Kong universities should press on with building global connections, Zheng Yanxiong says
[ Mon, Dec 02nd 2024 ]: Tim Hastings
LIVE: 590+ Black Friday Deals & Sales Still On in Australia
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Groundbreaking projects and inspiring leaders shine at 2024 Engineers Australia Excellence Awards
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Qatar's ministry updates job title description, classification guide for private sector
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Scientists discover the key to treating depression and anxiety
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Massive Moon Replica At IIT Festival Brings Lunar Terrain To Life
[ Mon, Dec 02nd 2024 ]: Tim Hastings
Astronomers Find Rare Supernova That Could Rewrite Cosmic History
[ Mon, Dec 02nd 2024 ]: Tim Hastings
700 Delegates To Take Part In International Conference On Materials Science At Indore's DAVV
Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Tim Hastings
Nobel Prize Wins Point to a Pivotal Moment of the New AI Era
[ Sun, Dec 01st 2024 ]: Tim Hastings
What European Fighter Jets Have Critical US Components?
[ Sun, Dec 01st 2024 ]: Tim Hastings
The Latest Technology News
[ Sun, Dec 01st 2024 ]: Tim Hastings
Argos shoppers race to beat Black Friday deadline - 7 offers you must not miss
[ Sun, Dec 01st 2024 ]: Tim Hastings
Breaking the Data Barrier: New Materials Supercharge AI Speed
[ Sun, Dec 01st 2024 ]: Tim Hastings
Memories of another life: Making a case for research into reincarnation
[ Sun, Dec 01st 2024 ]: Tim Hastings
China's 621 mph maglev train with 5G could tap Hyperloop idea that Elon Musk abandoned
[ Sun, Dec 01st 2024 ]: Tim Hastings
Sandburg choir will perform free concert in Galesburg
[ Sun, Dec 01st 2024 ]: Tim Hastings
'Catastrophic error': Expert from Trump's first term issues dire warning about new plan
[ Sun, Dec 01st 2024 ]: Tim Hastings
Ministry of Labour issues updated version of job .. cription, classification guide for private sector
[ Sun, Dec 01st 2024 ]: Tim Hastings
Return to Helgoland: celebrating 100 years of quantum mechanics
[ Sun, Dec 01st 2024 ]: Tim Hastings
HBKU signs MoU with Canada's leading innovation organization
[ Sun, Dec 01st 2024 ]: Tim Hastings
Quantum Computing: Applications and Challenges
[ Sun, Dec 01st 2024 ]: Tim Hastings
Gautam Adani makes BIG statement, says decline in .. rts of...a 'wake-up call', urges businesses to...
[ Sun, Dec 01st 2024 ]: Tim Hastings
Dinosaurs grew stupid over time - and the same could happen to humans: study
[ Sun, Dec 01st 2024 ]: Tim Hastings
Meet 'Chameleon' - an AI model that can protect y .. ecognition thanks to a sophisticated digital mask
[ Sun, Dec 01st 2024 ]: Tim Hastings
2024 Holiday Book Guide: 8 Colorado authors sugge .. ads to delight you and everyone on your gift list
[ Sun, Dec 01st 2024 ]: Tim Hastings
Ministry of Labour updates job title description, classification guide for private sector
[ Sun, Dec 01st 2024 ]: Tim Hastings
Twin Cities colleges, universities pursue renovations, new buildings despite enrollment challenges
[ Sun, Dec 01st 2024 ]: Tim Hastings
Why university curriculums should include the fundamentals of Generative AI
[ Sun, Dec 01st 2024 ]: Tim Hastings
As IISF debuts in Northeast, call for $1 tn investment to make India science-led manufacturing hub
[ Sun, Dec 01st 2024 ]: Tim Hastings
Plasma compression breakthrough: General Fusion hits 600 million neutrons per second
[ Sun, Dec 01st 2024 ]: Tim Hastings
SpaceX launches next-gen US spy satellites, 20 Starlink spacecraft from California
[ Sun, Dec 01st 2024 ]: Tim Hastings
EE issues urgent text warning to all UK iPhone and Android users, don't ignore it

Time to reverse the R&D slide

I encourage everyone with an interest in our long-term prosperity to engage with the review of the system so we get the best possible recommendations.
The article from the Australian Financial Review discusses the urgent need to reverse the decline in Australia's research and development (R&D) investment. It highlights that Australia's R&D spending as a percentage of GDP has been falling, placing the country behind other OECD nations. The piece points out that while the government has introduced measures like the R&D Tax Incentive, these have not been sufficient to stem the decline. Key issues include a lack of business investment in R&D, with many companies opting to conduct their research overseas where incentives are more attractive. The article calls for a comprehensive policy overhaul to boost innovation, suggesting increased government funding, better incentives for businesses, and fostering a culture that values and supports scientific research. It also mentions the potential economic benefits of increased R&D, such as job creation, productivity growth, and enhanced global competitiveness.

Read the Full The Australian Financial Review Article at:
[ https://www.afr.com/policy/economy/time-to-reverse-the-r-and-d-slide-20241202-p5kv7k ]