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Australia's research budget cuts draw flak

Meanwhile, tax cuts and write-offs are offered to small businesses to buy equipment

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Academics say Australia is already losing power in the brains market because it's up against China, India, Japan and South Korea which spend much more on research and development.

Sydney

AUSTRALIA is betting on plumbers and coffeeshop owners over scientists and researchers to drive the nation's next wave of economic growth.

The country that brought you refrigerators, black-box flight recorders, bionic ears and wi-fi will cut its research budget by 7 per cent

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