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Labor wants to increase R&D investment to 3% of GDP in a decade
R&D investment in Australia has now been in decline for a decade and sits below the OECD average Labor wants to increase the figure from the current 1.9% of GDP to 3% by 2030 Businesses collaborating with universities or CSIRO scientists will receive a 10% premium R&D tax incentive The proposal is expected to cost… Read more »