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AAP
AAP
National
Jennifer Dudley-Nicholson

FOUND: Bold reforms urged to boost flagging aussie innovation - You Need To See This

A report has recommended Australia boost research funding for a range of fields, including health. (Dean Lewins/AAP PHOTOS)

Australia needs bold reforms including tax changes and financial incentives to stop relying on its lucky country credentials and become a nation with a strong innovation industry.

A year-long independent review of Australia's research and development sector, led by Tesla chair Robyn Denholm, issued the warning on Tuesday along with 20 recommendations.

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