Name: Senate Economics References Committee (part 2 of 2)
Uploaded: 2026-03-13T03:50:00+00:00

00:00 - 00:23

Speaker 41

Make sure that we can fully leverage. And that's part of the role the RBCs play as well in commissioning research is to make sure that they're... This research isn't already being undertaken somewhere else. Or, indeed, can you actually co invest with another project so you're actually getting leverage rather than having two projects that may have similar outcomes being done side by side?

00:24 - 01:03

Speaker 28

I guess, just push my point a bit here, I'm I'm trying to look at the balance more broadly at Blue Sky and, of course, these levy funds should be spent on industry relevant and guided research. That's that's where the levy comes from, and they're looking for a productive outcome for their enterprise. But the the blue sky side, which you also say is very important, of course, for agriculture and food production and so on, that funding base is totally dependent on the tax base and and doesn't have the fostering and growth that may come from leverage from, RDC funds.

01:03 - 01:38

Speaker 41

There there is some of the blue sky that is undertaken, and depending on the GRDC, depending on the RDC, it depends how much they're able to do it. For example, GRDC, as you mentioned, I know, has actually looked at some of this, so have have a number of the other RDCs. It is a challenge when you've got industry funding and you're looking at priorities for industry, where they think. It's the same as when you look at private sector investment in r and d. It's very difficult for SMEs to be able to invest directly.

So you've got larger companies that have a better ability to do this. Once again, they're gonna be focused on

The rest of the transcript is for Pro customers

Unlock the full transcript, chat, and every analysis feature with Polyfact Pro.

The video itself stays free to watch, in full, no account needed.

Start a free trial