Federal State Relations Senseless Bidding Wars...
State government investment in scientific research and development is problematic at the best of times. A national strategy co-ordinated by the commonwealth using the expertise of the CSIRO, and the funding mechanisms of the National Health and Medical Research Council and the Australian Research Council, as well as individual universities and businesses, has much to commend it. However, for as long as state governments run their own separate business development strategies they will inevitably seize on the extraordinary potential of industries such as biotechnology.
· Subsidies v Terminal Decline [The Australian]