DBrief Podcast by Australian Industry Group
DBrief, the Australian Industry Group podcast, is for business operators keen to understand the connection between their own enterprise and the broader issues of industry development and policy and new government regulations.
Via an engaging and informal interview format, DBrief investigates:
• what is happening in industry policy, and what it means;
• where these issues are going and what you need to know and
• what you need to think about and learn in order to stay abreast of — or even ahead of — emerging issues and developments.
Tune in to stay ahead of changes and market movements and be better prepared for digitalisation, decarbonisation and diversification in your business and market sector.
DBrief Podcast by Australian Industry Group
Fixing Australia’s innovation puzzle: Why our R&D system needs a rethink
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In this episode of DBrief, Louise McGrath sits down with David Martin, Director for Innovation and Emerging Technologies at the Australian Industry Group, to unpack the Strategic Examination of Research and Development (SERD) - a once-in-a-generation review commissioned by Government but steered by an independent panel of industry leaders. The review takes a fresh look at how Australia supports research, innovation, and commercialisation.
They explore why Australia, despite its world-class research institutions, continues to lag behind in business R&D investment and commercialisation. The conversation covers:
- Why Australia’s venture capital market remains risk-averse and how that limits startups and scaleups.
- The 150+ fragmented government programs that confuse rather than connect.
- Proposals such as an Intellectual Property Bank to simplify how university-generated research reaches industry.
- The need for a Ministerial Council for Innovation to improve coordination between federal and state governments.
- How regulation, skills shortages, and short political cycles are stifling productivity and long-term innovation.
This discussion offers a candid look at the real barriers to innovation and what it will take for Australia to finally turn great ideas into great industries.
All three SERD submissions by the Australian Industry Group are available here.