Submission—2023–24 Federal Budget

On 25 January 2023, the Academy made a submission to the 2023–24 Federal Budget.

The Academy recommends that the Australian Government:

establishes a formal target of 3% of GDP invested in Australian Research and Development (R&D) as a key driver of economic growth, innovation, and competitiveness
undertakes a comprehensive and independent review of the Australian science and research sector to identify areas for improvement and potential efficiencies
increases the frequency and extent of measurement of science and R&D in Australia to provide better data for policymaking and decision-making.

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