The Denholm R&D report, Ambitious Australia, wants to fix something that isn’t broken

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The Ambitious Australia report, led by Tesla's Robyn Denholm, aims to improve Australia's R&D system, but some suggestions may do more harm than good. The report proposes changes to support deep tech and innovation, but also introduces new layers of bureaucracy and complexity.
The Ambitious Australia report reviews Australia's R&D system. It identifies deficiencies and proposes smart changes. The report supports deep tech and innovation, prioritizing government procurement of Australian R&D. However, some suggestions add bureaucracy and complexity. The report also proposes a production tax credit for advanced manufacturing based on local R&D. Overall, the report has both good and bad ideas for improving Australia's R&D system.
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