Ambitious Australia Urges Rebuild Of Innovation System

A major independent review, Ambitious Australia, chaired by Tesla chairwoman Robyn Denholm and commissioned by the federal government in December 2024, was released Tuesday and finds Australia's research and innovation system 'broken' and needing bold reform. It documents falling R&D spending—1.69% of GDP in 2023-24, down from a 2008-09 peak of 2.24%—weak productivity and low manufacturing share, and offers 20 recommendations including a national innovation council.
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High national relevance and official, evidence-based review boost score; limited technical specificity reduces immediate practitioner guidance.
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