Full Universities Australia Logo Universities Australia Logo
Study in Australia
  • Home
  • About
    • Who We Are
    • Board
    • Our Staff
    • History
    • Career Opportunities
  • Facts & Publications
    • Student Statistics
    • Staff Statistics
    • University & Funding Statistics
    • Publications
  • Policy & Submissions
    • Submissions
    • Keep it clever
    • Teaching, Learning & Funding
    • Research & Innovation
    • International
    • Diversity & Equity
    • Safety & Wellbeing
    • Health
    • Copyright
  • Campaigns & Projects
  • Our universities
    • University Profiles
    • Teaching Calendar
    • University Contacts
    • University Startup Hubs
    • Student Safety – Contacts
    • 2022 Floods
  • Media
  • Events
  • Contact
Study in Australia
©2022
Site by ED.

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Media Release 30 January 2018

INNOVATION PLAN WILL RELY ON A STRONG UNIVERSITY SECTOR

A blueprint to foster innovation in Australia will rely heavily on our world-class universities to equip Australians for vast changes in jobs and generate new sources of export income.

Australia 2030: Prosperity Through Innovation, released today by Innovation and Science Australia (ISA), highlights the need for Australia to upskill and retrain workers, lift productivity and to generate new income to offset declining commodities earnings.

The plan also adopts a proposal championed by Universities Australia to strengthen incentives for business to collaborate with universities.

Universities Australia Chief Executive Belinda Robinson commended ISA on backing a premium R&D Tax Incentive for firms that partner with universities on research and development.

“The $3.1 billion R&D Tax Incentive is the single biggest element of the Government’s innovation spend – yet Australia sits close to the bottom of the OECD for innovation,” she said.

“In recent years, the debate on how to encourage greater industry-university collaboration has focussed entirely on universities – the supply side of the equation.”

“This recommendation for a premium tax incentive also acknowledges the need to get the demand side of that equation right.”

Ms Robinson said the plan sends a strong signal to Government about the value of research and education to drive innovation in our economy.

“Our universities will help to develop the new ideas, new products and new industries that are needed to drive our future prosperity,” Ms Robinson said.

“Australia will struggle to become a top tier innovation nation if we don’t at least maintain our public investment in university research and education.”

Australia’s Chief Scientist and ISA deputy chairman Dr Alan Finkel noted parts of the education sector, including vocational education, face serious challenges.

“This is a reminder that we mustn’t treat education funding as a merry-go-round – cutting from one part of the education sector to fund another,” Ms Robinson said.

“Education from early childhood through to higher education is an investment in the social and economic fabric of the nation.”

The Australia 2030 plan released by ISA Chair Bill Ferris contains 30 recommendations across industry, education and training.

It builds on the National Innovation and Science Agenda (NISA) announced by the Government in 2015.

Related Media

See All Media
media-item
Media Release
12 August 2022

National action plan key to fixing teachers’ shortage

Universities Australia welcomes the development of a national action plan to deliver long-term solutions to address Australia’s teachers’ shortage.

Read more
media-item
Media Release
8 August 2022

Pathways to fix national teachers’ shortage

As the country faces a teachers’ shortage, Universities Australia has prepared a range of practical solutions to attract and retain the best and brightest.

Read more
media-item
Media Release
5 August 2022

UA welcomes action to block academic cheating websites

Universities Australia Chief Executive Catriona Jackson said:

“We applaud the action taken by the Tertiary Education Quality and Standards Agency to block access to 40 of the most visited academic cheating websites.

Read more
See All Media
Universities Australia Logo
Study in Australia

Popular Search Terms

  • Business & Community
  • Careers & Staffing
  • Indigenous
  • International
  • Resources & Regulation
  • Quality Assurance
  • Governance
  • Research
  • Students & Teaching
  • Student Income Support
  • Teaching Calendar
©2022
Site by ED.
Universities Australia Logo
Study in Australia

Sign up

  • This field is for validation purposes and should be left unchanged.
©2022
Site by ED.
Universities Australia Logo


Australian Aboriginal Flag Flag of the Torres Strait Islanders

Quick Links

  • Home
  • About
  • Facts & Publications
  • Policy & Submissions
  • Campaigns & Projects
  • Our universities
  • Media
  • Events
  • Contact

Get in touch

  • 1 Geils Court
  • Deakin ACT 2600
  • T: +61 2 6285 8100

Follow Us

  • Twitter
  • LinkedIn
  • Facebook
  • Instagram
©2022 - Site by ED.
Legal
Study in Australia
Site Index