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World’s economic malaise gut-punches Australian R&D as new bill gets tabled

Australian companies continue to increase their investment in research and development, but the growth rate has dropped dramatically, according to figures from the national Bureau of Statistics. This coincides with amendments to the Governments R&D tax credit bill.

Business expenditure on R&D has jumped by 15 per cent

Business expenditure on research and development (BERD) has jumped by 15 per cent, reaching $14,380 million in 2007-08, according to statistics released by the Australian Bureau of Statistics on Friday.

Business expenditure on R&D has jumped by 15 per cent

Business expenditure on research and development (BERD) has jumped by 15 per cent, reaching $14,380 million in 2007-08, according to statistics released by the Australian Bureau of Statistics on Friday.
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