Australian public R&D spending flat as proportion of GDP

Government statistics show increase of A$288 million in public R&D spending between 2018-19 and 2020-21

The relative value of Australian government spending on R&D has failed to rise over the past five years, according to data from the Australian Bureau of Statistics.

The most recent figures on government resources devoted to R&D, released on 15 June, show that despite increases in the total spent, the amount relative to GDP has stayed the same, at 0.17 per cent, since 2018-19.