For a ‘future made in Australia’, we need more innovation and diverse people in science and tech

By Kylie Walker, Australian National University This year’s federal budget is making up for decades of lost time – both in our clean energy transition and in betting on new technological breakthroughs. The Future Made in Australia Act holds tantalising potential for building Australian science, research and development. The aim is to turn Australia into…

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Breakthrough Victoria backs Neo-Bionica

Bioelectrical medical device developer Neo-Bionica has secured an investment of $5 million from Breakthrough Victoria, which will accelerate its growth both domestically and internationally. Neo-Bionica is a Melbourne advanced MedTech manufacturer that specialises in providing commercialisation and manufacturing services to develop AI-powered implantable and wearable medical devices. The company’’s expertise includes developing devices designed to…

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Towards 3% R&D – Knowledge diffusion a key by Elliot Duff

Today in our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Elliot Duff identifies the issue as a lack of capability in diffusing knowledge through the economy to its grass roots. Knowledge Diffusion in Australia While doubling R&D spending to 3% will help turbo-charge the Australian innovation system, it is essential…

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Towards 3% R&D – picking innovation winners by Professor Danny Samson

Today in the closing days of our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – Professor Danny Samson looks at picking winners in R&D. His conclusion – no guarantees but a structured approach can help. We all pick winners: so let’s do it well! From governments and big businesses to startup…

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Reactions to the federal budget

A welcome focus on growing Australian capability Industry-research collaboration advocate Cooperative Research Australia (CRA) has praised the focus on growing Australia’s science and technological performance, continued support for Cooperative Research Centre (CRC) funding, and plans to transform Australian R&D. Budget 2024 “has put education, research, manufacturing and industrial transformation at its core” said CRA CEO…

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