Industry R&D spending shows first rise in four years
Monday, 01 July, 2002
Business expenditure on R&D (BERD) in 2000-01 increased for the first time in four years, according to Australian Bureau of Statistics data released today.
The figures also show that BERD was at a record high of $4.825 million over the period - 18 per cent higher than in 1999-2000, adjusted to current prices. Taking into account changes in prices and wages, though, the BERD increase was 12 per cent over 1999-2000.
BERD as a percentage of Australia's GDP increased to 0.72 per cent in 2000-01, still down on the high of 0.87 per cent in 1995-96.
Leading the charge was the finance and insurance sector, with a 91 per cent increase in R&D expenditure. The mining industry recorded a 57 per cent increase.
Elevated blood protein levels predict mortality
Proteins that play key roles in the development of diseases such as cancer and inflammation may...
The microbiome helps to fight melanoma
Molecules produced by gut bacteria upon digestion of dietary fibre can improve the function of...
Heart implant brings hope to refractory angina patients
The coronary sinus reducer is understood to redistribute blood flow within the wall of the heart,...
