Australia's Science Ship Sinking Australians have long prided themselves on being a land of innovators and explorers.
However, beneath the façade of scientific prowess lies a stark reality – 15 years of steadily eroding investment in research and development has left our science sector woefully underfunded.
This is reflected in Australia's R&D expenditure, which has plummeted to an historic low of 1. 69% of GDP, lagging behind the OECD average of 2. 7%.