Scientific advances drive Australian economic growth

Published on the 22nd January 2016 by ANSTO Staff
Share to LinkedIn

Scientific advances over the past 20 to 30 years have contributed an estimated $330 billion of Australia's economic growth, according to a new report by the Australian Academy of Science.

Infographic_science contribution to Aus economy


The report, commissioned by the Office of the Chief Scientist and the Australian Academy of Science, found the areas of physical, mathematical and biological sciences contributed to 26 per cent of Australian economic activity. Without advances made in the area of biological sciences, and subsequent incorporation into products and services, the Australian burden of disease would be 18-34 per cent higher than it is today.

The report,