Innovation and Science Australia has released the Performance Review of the Australian Innovation, Science and Research System 2016.

The review examines the system's strengths and weaknesses and establishes a performance scorecard for tracking progress into the future.

Whilst Australia enjoys an enviable level of broad-based prosperity, the review suggests the nation must invest wisely in order to sustain it. The forces of technological change are increasingly disrupting our economy, but at the same time, opening new and compelling paths to future wealth.