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Australia is a R&D wasteland

June 19, 2025 - 10:00 -- Admin

Australia’s annual R&D spending has also fallen to only 1.68% of GDP, well below the OECD average (3%) and the lowest among developed nations. As a result, the Albanese government has launched a review into Australia’s R&D, which is analysed below by independent commentator and MB Subscriber, Stephen Saunders. By Stephen Saunders Thus far, Australia’s

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