OPINION: Anthony Albanese must plan for future economic prosperity and geopolitical leadership, and this relies on establishing sovereign capabilities in future industries.
We lack a clear federal vision on how to galvanise trillions – not billions – of investment to bring world-leading discoveries to market, in a systematic fashion that ensures Australia reaps the future economic rewards.We now need a leader who puts a stake in the ground like former US President Kennedy when he announced: “We choose to go to the Moon in this decade”.2. How will you improve the calibre of RYet Australia’s RD investment is woefully inadequate at 1.
Compare this to the US’s federal SBIR which has run for 40 years regardless of who is president, invests over $2.5 billion per year with an ever-increasing budget, and spans across 11 Government departments from Agriculture to Energy to Space and Science.
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