NOVEMBER 10, 2011 Australia's current spending on science reserach and development Source: Mount Stromlo Observatory The awarding of the 2011 Nobel Prize for Physics to Professor Brian Schmidt, an Australian National University (ANU) professor of Astrophysics, for his role in the discovery that the universe is expanding at an accelerating rate, is a significant achievement not only for ANU but also for Australia. It is the first time in almost one hundred years that an Australian has won a Nobel Prize in Physics - William and Lawrence Bragg, a father and son team, were the last Australians to win a Noble Prize for Physics in 1915 - and it is the sixth Nobel Prize to be won by an ANU researcher. The total expenditure on all research and development in 2008-09 was approximately $27.7 billion. This includes expenditure from the following sectors: Business, Government (Commonwealth, State and Territory), Higher Education and Private not for Profit Organisations (PNFPO)i[i]. The Business sector accounted for 61 per cent of total expenditure. Expenditure on the sciences, which includes Psychology and the Cognitive Sciences but excludes expenditure from PNFPO, accounted for 92.1 per cent of the total. Expenditure in the physical sciences in 2008-09 was approximately 455 million, of which 436 million can be attributed to the public sector (higher education and all levels of government). The total expenditure in 2008-09 was distributed to following type of R&D activities: ⢠Pure basic research - $2.5 billion ⢠Strategic basic research -$3.4 billion ⢠Applied research - $10.6 billion ⢠Experimental development -$11.5 billion Total expenditure, in real terms, from 1992-93 to 2000-01 remained relatively constant, however, since 2000-01 total expenditure for business and the public sector has increased at an increasing rate. This is clearly shown in Chart 1. Total expenditure as a proportion of gross domestic product (GDP) in 2008-09 was 2.21 per cent. When compared to other Organisation of Economic Coâoperation and Development (OECD) countries, Australia is below the OECD average, which, in 2008-09 was 2.33 per cent. Despite this, Australia’s contribution as a per cent of GDP grew from 2000-01 to 2008-09 by 0.70 percentage points as opposed to 0.10 percentage points for the OECD average. Australia spent more as a proportion of GDP than the United Kingdom, Canada and France who spent, respectively, 1.77, 1.84 and 2.02 per cent, but less than the United States and Germany (2.77 and 2.64 per cent respectively). There has been a significant increase in expenditure on R&D by the Business sector since 2000-01, with the exception of 2009-10 where expenditure decreased, in real terms, by 5 per cent when compared to 2008-09. The increased expenditure was most probably connected to the resources
Date: 10/11/2011 - Collection: Publications - ID: library/prspub/1218290 - Source: FlagPost - Author: PAYNE, Alan