Australia offers a wealth
of opportunities

utility-emailutility-printutility-pdfContact usChange to standard fontChange to large font

Investor UpdatesClick to subscribe to this Investor Updates RSS feed

Data Alert: Australia’s business investment in R&D posts steady growth

2 October 2013

Australia’s business research and development (R&D) workforce grew 15 per cent over the year to 2011-12, according to the Australian Bureau of Statistics (ABS).

In its latest Research and Experimental Development, Businesses report, the ABS also said Australia’s business expenditure on R&D (BERD) increased 1.7 per cent to A$18.3 billion in 2011-12, representing compound annual growth of 10.3 per cent over the last 20 years.

Australia’s robust expansion in human resources devoted to R&D and continued growth in BERD reflect a national commitment to innovation, as well as developing new products and services.

Download the Data Alert: Australia’s Business Investment in R&D posts steady growth (PDF)

More information

Site Information

Austrade makes no warranty, express or implied as to the fitness for a particular purpose, or assumes any legal liability for the accuracy or usefulness of any information contained in this document. Any consequential loss or damage suffered as a result of reliance on this information is the sole responsibility of the user.