Delivering the 2014 Jack Beale Lecture on the Global Environment to crowd at the University of NSW, Chief Scientist Professor Ian Chubb called for action to secure the skills, investment and international alliances needed for a better future for the country.
In a speech titled No Free Rides to the Future, Shoring up the Science to Sustain Us, Professor Chubb also called for an end to the 'she'll be right' attitude, saying Australia did not punch above its weight in science "as we so often declare in a fit of misguided and unhelpful enthusiasm".
Poor links between research and industry
While the country did well in its share of the world's top one per cent of cited research papers, its average citation rates were below that of 11 western European countries and the US and Canada, he said.
Australian primary and secondary school students were also only "in the middle of the pack" in terms of science and mathematics literacy.
"Our patenting rates are poor; and the linkages between our researchers and business are among the worst in the OECD. Less than one in three Australian researchers work in industry – half the OECD average of 60 per cent and substantially less than the US," Professor Chubb said.
"Bluntly, we are middle-of-the-road. I think it is no coincidence that we sit where we do."
Other countries were investing strategically in science "for the long haul", and Australia needed to catch up.
"We can't just continue to tinker at the margins. That's what we have done and it is clear that it isn't good enough," Professor Chub said.
The need to "remain in the game"
"Australia must forge its path in step with the rest of the world. We must remain in the game with a differentiated and readily adaptable economy that supports the aspirations we have for the country. And we must ensure that we bequeath a planet that can sustain the coming generations."
Professor Chubb said he will release his proposal for a national science strategy in Canberra on 2 September, with recommendations for improving competitiveness, education and training, research, and international engagement.