The latest report from the Federal Government, “Smarter Manufacturing for Smarter Australia”, can be summarized in two words: Collaboration Imperative. As job losses in manufacturing and closures of a number manufacturing facilities, particularly in automotive began to mount, a Taskforce of business, union and academic leaders was established to come up with solutions to stop or reverse the trend. Whatever industry you are in, don’t be mistaken, if we stop producing value added products and services, we won’t be a ‘lucky country’ for much longer. All too long Australia has relied on its natural resources. There has even been plenty of technological innovation to make production cheaper and more profitable – but not enough innovation to add value to the raw products. Australia has it all. It’s time we used our resources in a smarter, more sustainable way. Cost of R&D is frequently thrown into the discussion as a barrier to getting results.