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Intergenerational challenges can be solved by science
Australia must ‘level up’ on our outlays in income-generating R&D and research translation to tackle the vast structural economic, social and budget challenges ahead, the nation’s peak body for science and technology has said.
Science & Technology Australia Chief Executive Officer Misha Schubert said the Intergenerational Report’s forecasts made an urgent case for STEM investment.
“A slowing economy, a major productivity challenge, a dropping birth rate, and a long-term COVID hangover sharpen the imperative for clever investments now to put Australia on a path to become a global science and technology superpower,” she said.