Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
8104.0 - Research and Experimental Development, Businesses, Australia, 2002-03  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/09/2004   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

MEDIA RELEASE

September 06, 2004
Embargoed: 11:30 AM (AEST)
142/2004

Australia's business R&D expenditure

Business expenditure on research and development (R&D) grew by 4% between 2001-02 and 2002-03.

With the effect of changes in prices, wages and salaries removed (i.e. chain volume measures), R&D expenditure increased by 2% over this period.

As a percentage of Gross Domestic Product, business expenditure on R&D in current price terms has decreased from 0.81% in 2001-02 to 0.79% in 2002-03.

In current price terms, between 2001-02 and 2002-03 R&D expenditure:
    • increased by 12% in the manufacturing industry
    • increased by 9% in the scientific research industry
    • increased by 6% in the finance and insurance industry
    • decreased by 2% in the property and business services industry
    • decreased by 3% in the mining industry
    • decreased by 4% in the wholesale and retail trade industry.

In 2002-03, South Australia had the highest percentage (1.08%) of R&D expenditure as a percentage of Gross State Product, followed by Victoria (0.99%) and New South Wales (0.80%).

The states with the highest level of R&D expenditure were New South Wales ($2,139 million) and Victoria ($1,907 million), accounting for 36% and 32% of total R&D expenditure respectively.

Further information is in Research and Experimental Development, Businesses, Australia, 2002-03 (cat. no. 8104.0).

Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.