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AAP
AAP
Business
Jacob Shteyman

Aussies missing out on payoff from research investment

Australia has been falling behind in investment in research and development, a report says. (Matt Turner/AAP PHOTOS)

Australia is missing out on a $7 billion per year economic boon because it has failed to keep pace in the international research and development stakes, according to a new report.

Tax cuts and red tape have dominated discussions ahead of Treasurer Jim Chalmers's economic roundtable. 

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