In the 2021 financial year in Australia, the Commonwealth government devoted over 2.3 billion Australian dollars to research and development. The Commonwealth government research and development expenditure has consistently hovered between 2.1 and 2.4 billion dollars since the 2013 financial year.
Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021
(in million Australian dollars)
A financial year in Australia from from July 1 to the following June 30. For example, the 2021 financial year began on July 1, 2020 and ended on June 30, 2021.
Research and development is defined by the source as "creative and systematic work undertaken in order to increase the stock of knowledge - including knowledge of humankind, culture and society - and to devise new applications of available knowledge".
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Australian Bureau of Statistics. (June 15, 2022). Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021 (in million Australian dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/
Australian Bureau of Statistics. "Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021 (in million Australian dollars)." Chart. June 15, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/
Australian Bureau of Statistics. (2022). Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021 (in million Australian dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/
Australian Bureau of Statistics. "Commonwealth Government Expenditure on Research and Development in Australia from Financial Year 2013 to 2021 (in Million Australian Dollars)." Statista, Statista Inc., 15 Jun 2022, https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/
Australian Bureau of Statistics, Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021 (in million Australian dollars) Statista, https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/ (last visited December 22, 2024)
Commonwealth government expenditure on research and development in Australia from financial year 2013 to 2021 (in million Australian dollars) [Graph], Australian Bureau of Statistics, June 15, 2022. [Online]. Available: https://www.statista.com/statistics/1314585/australia-commonwealth-government-research-and-development-expenditure/