Australian Bureau of Statistics
1301.0 - Year Book Australia, 2004
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2004
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The mining industry has been spending increasing amounts of R&D expenditure. Over the period 1992-93 to 2001-02, expenditure has increased by 203% from $176m in 1992-93 to $534m in 2001-02. At the end of this period, mining accounted for 9.6% of total R&D expenditure by all industries in comparison to 6.2% in 1992-93. The manufacturing industry's share of total R&D expenditure continued to be the highest, accounting for 43% in 2001-02.
In 2001-02, Queensland accounted for the largest R&D expenditure in the mining industry (41%), followed by Western Australia (23%) and New South Wales (16%). This compares with previous years when Western Australia had the largest expenditure by a wide margin.
The mining industry accounted for a significant proportion of R&D expenditure in Western Australia (30%) and Queensland (30%) compared to 10% nationally, consistent with the importance of the industry to these states.
In 2001-02, the mining industry funded most of its R&D expenditure with $520m (97%) sourced from money owned by the mining business (own funds). The remaining expenditure is funded from the Australian Government and businesses in other industries. This compares with the total for all industries of which $4,782m (86%) was sourced from own funds, $268m (4.8%) from the Australian Government, $309m (5.6%) from overseas, $136m (2.5%) from other businesses, and the remainder from state and local government and other Australian (including higher education and private non-profit sectors) sources.
This page last updated 24 March 2006
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