Australia is one of the most creative
countries in the world. Overall spending on
research and development (R&D) has grown
by 7 per cent per year since 2001. Business
is the driving force, with commercial R&D
rising almost 2 percentage points faster
than Australia’s GDP.
Our universities are partly responsible.
Seven Australian universities make it into
the top 100 global rankings. In terms of
academic impact, Australian publications
outperform other countries’ in 20 out of 22
fields of academic research.
Then there’s the Australian workforce.
Diverse, multilingual and multicultural, more
than 28 per cent of our population was born
overseas. Combined with the high skill levels
of migrants, this multitalented workforce
helps Australia thrive in today’s globalised
Charts from the Benchmark Report
The Australia Benchmark Report provides rich data demonstrating why there is no better place than Australia to do business. The report examines five key reasons for investing in Australia – robust economy, dynamic industries, innovation & skills, global ties and strong foundations – and compares Australia’s credentials with other countries.
Charts can be downloaded and saved as images for use in reports and presentations (when using please reference www.austrade.gov.au)