Deciding with data: How data-driven innovation is fuelling Australia's economic growth

Data-driven innovation is transforming Australia’s economy and society, and is emerging as an essential tool to improve our growth and prosperity.

In 2013, data-driven innovation added an estimated $67 billion in new value to the Australian economy, or 4.4 percent of GDP. However Australia has substantial room to improve and left an estimated $48 billion on the table in potential value from data-driven innovation in 2013.

Deciding with data

This report contributes to our understanding of the role of data in the Australian economy and society by examining the value that innovating with it creates, and how we can unlock further value.

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