Every dollar invested in research and development creates $3.50 in benefits for Australia, says new CSIRO analysis

Tony Abbott thought it was a waste of money and should be left private to investment. Morrisson has currently championed the same as if it was a brilliant knew message..

Each dollar invested in research and development (R&D) would earn an average of A$3.50 in economy-wide benefits for Australia, according to evidence compiled in a new report from CSIRO.

Source: Every dollar invested in research and development creates $3.50 in benefits for Australia, says new CSIRO analysis