Intellectual property investment fuelling growth in Australia – Lowe

philip-lowe
Philip Lowe

Poor growth in “tangible assets” is pushing investment towards intellectual property, the governor of the Reserve Bank of Australia has said.

“We hear about the possibilities and the challenges of data analytics, machine learning, artificial intelligence, the better use of sensors to control production and the automation of processes and production methods,” Philip Lowe said today (March 7).  

As a result, in Australia, investment in intellectual property has grown “noticeably faster and more

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