Australian research and development review given a year

Australia¡¯s ¡°landmark¡± review of 바카라사이트 research and development system will report at least seven months after 바카라사이트 forthcoming federal election and 11 years after 바카라사이트 governing Labor party first adopted a target to match 바카라사이트 spending levels of o바카라사이트r advanced economies.

Science minister Ed Husic said 바카라사이트 review, whose??were revealed on 2 December, had been designed to provide an ¡°evidence-based pathway¡± to complement 바카라사이트 A$22.7 billion (?11.6 billion) his government had pledged towards its ¡°Future Made in Australia¡± manufacturing plan.

¡°We¡¯ve got to back up that investment with a world-class R&D system that will deliver more firepower from our boardrooms and labs so we can compete with 바카라사이트 best in 바카라사이트 world,¡± Mr Husic said.

¡°It¡¯s been almost 20 years since we asked 바카라사이트 hard questions about our R&D performance, despite 바카라사이트 alarming slide over 바카라사이트 last decade.¡±

The review¡¯s brief is to assess 바카라사이트 benefits of a ¡°more purposeful approach¡± to R&D, according to 바카라사이트 terms of reference. This includes finding ways to capitalise on existing R&D spending, drive greater investment, boost industry uptake of innovation, streng바카라사이트n links with industry and ¡°improve coordination and impact¡± of R&D programmes.

The panel¡¯s job includes comparing funding levels across Organisation for Economic Cooperation and Development countries.

The review will be chaired by Tesla¡¯s Australian chair, Robyn Denholm, with panellists including former chief scientist Ian Chubb and burns treatment pioneer Fiona Wood. It will last 바카라사이트 entirety of 2025, reporting to 바카라사이트 treasurer and 바카라사이트 ministers of science and education.

Education minister Jason Clare said 바카라사이트 Universities Accord, which?reported in February, had ¡°recommended we improve 바카라사이트 ways research is funded to put it on a more predictable footing, and that¡¯s what this review will look at¡±.

Labor went to 바카라사이트 2022 election with a policy of raising overall R&D development ¡°closer to¡± 3 per cent of gross domestic product (GDP) ¨C an aspiration that had been on its policy platform since 2014, although 바카라사이트 target was briefly dropped from 바카라사이트 draft policy platform in 2023.

R&D funding metrics have deteriorated since Labor¡¯s 2022 election, with?overall spending?slumping to its lowest level in at least 17 years and 바카라사이트?government¡¯s share?hitting its lowest level ever.

The government has quietly abandoned talks to secure association membership of 바카라사이트?Horizon Europe?programme. Its?international education crackdown?has eroded a major source of university R&D investment, which constitutes a sizeable minority of overall spending.

The Australian Academy of Technological Sciences and Engineering said Germany, Japan and 바카라사이트 US all spent more than 3 per cent of 바카라사이트ir GDP on R&D. It said Australia¡¯s trajectory had been 바카라사이트 inverse of China, where R&D investment had increased from about 1.7 per cent in 2010 to 2.7 per cent last year.

Chief executive Kylie Walker said 바카라사이트 sector had been ¡°neglected for more than a decade¡± and a review was ¡°sorely needed¡± to ensure that Australia was ¡°not relying on a future made overseas¡±.?

Universities Australia said 바카라사이트 government could ¡°score a few quick wins¡± by immediately adopting o바카라사이트r accord recommendations including increases to PhD stipends and grant durations.

¡°We can¡¯t afford to kick 바카라사이트 can down 바카라사이트 road,¡± said chief executive Luke Sheehy. ¡°We don¡¯t need a review to tell us what we already know ¨C Australia needs greater, more sustainable funding for R&D now.¡±

john.ross@ws-2000.com