Industry classification
The R&DTI is available to eligible R&D entities in any industry. Industry types are based on Australian and New Zealand Standard Industrial Classification (ANZSIC) divisionsExternal Link. Companies self-classify when they lodge their company tax return. The ANZSIC divisions reflect the industry of the main business activity undertaken by the company and may not be the industry in which the R&D activity is undertaken.
Top 5 industries overall
The top 5 industries for which R&D expenditure was claimed for the 2022–23 income year (in order of expenditure claimed) are:
- Professional, scientific and technical services – covering a broad range of businesses within those fields. The report includes scientific research, computer system design and accounting services within this industry.
- Manufacturing – including businesses mainly engaged in the physical or chemical transformation of materials, substances or components into new products (except agriculture and construction). The report contains companies in furniture, metal, wood and chemical manufacturing.
- Mining – including business that extract naturally occurring mineral solids (such as coal and ores), liquid minerals (such as petroleum) and gases (such as natural gas). The report includes companies involved exploration, extraction and other mining activities within this industry.
- Wholesale trade – including businesses mainly engaged in purchase and on-selling, commission-based buying, and commission-based selling of goods, without significant transformation, to other businesses. The report contains grocery, machinery and vehicle wholesale traders.
- Information media and telecommunications – covering a variety of businesses engaged in the creation, enhancing and storing of information products in the media, transmitting information products and providing transmission services. The report includes internet service providers, publishers and telecommunication service providers.
Table 2 and Graph 3 below provide a breakdown of the top 5 industries for which R&D expenditure was claimed by number of overall claimants.
|
Industry |
Number of claimants |
|---|---|
|
Professional, scientific and technical services |
5,663 |
|
Manufacturing |
2,638 |
|
Wholesale trade |
734 |
|
Information media and telecommunications |
621 |
|
Financial and insurance services |
530 |
|
All other industries |
2,770 |
Graph 3 – Top 5 industries by number of claimants in the 2022–23 income year
Table 3 and Graph 4 below provide a breakdown of the industries for which R&D expenditure was claimed by their total claim amount.
|
Industry |
R&D expenditure ($) |
|---|---|
|
Professional, scientific and technical services |
6,193,638,114 |
|
Manufacturing |
3,572,725,599 |
|
Mining |
1,480,284,373 |
|
Wholesale trade |
924,425,245 |
|
Information media and telecommunications |
824,646,758 |
|
Financial and insurance services |
797,903,089 |
|
Agriculture, forestry and fishing |
398,962,437 |
|
Retail trade |
349,338,588 |
|
Electricity, gas, water and waste services |
327,447,204 |
|
Health care and social assistance |
265,675,090 |
|
Construction |
265,438,792 |
|
Transport, postal and warehousing |
146,098,176 |
|
Arts and recreation services |
142,002,992 |
|
Rental, hiring and real estate services |
121,444,907 |
|
Administrative and support services |
114,855,752 |
|
Education and training |
85,111,141 |
|
Other services |
69,528,511 |
|
Public administration and safety |
62,722,154 |
|
Accommodation and food services |
31,348,255 |
|
Special ATO Division (out of ANZSIC scope) |
525,490 |
Graph 4 – Total R&DTI expenditure by industry in the 2022–23 income year
Top 5 industries – public and multinational businesses
The top 5 industries for public and multinational businesses (in order by number of claimants) are:
- professional, scientific and technical services, with a total of $2,817 million in R&D expenditure across 1,103 companies
- manufacturing, with a total of $2,011 million in R&D expenditure across 429 companies
- mining, with a total of $1,417 million in R&D expenditure across 282 companies
- wholesale trade, with a total of $571 million in R&D expenditure across 142 companies
- financial and insurance services, with a total of $445 million in R&D expenditure across 117 companies.
The following graph shows the breakdown of the top 5 industries for public and multinational businesses by number of overall claimants.
Graph 5 – Top 5 industries by number of claimants for public and multinational businesses in the 2022–23 income year
Top 5 industries – privately owned and wealthy groups
The top 5 industries for privately owned and wealthy groups (in order by number of claimants) are:
- professional, scientific and technical services, with a total of $2,138 million in R&D expenditure across 1,738 companies
- manufacturing, with a total of $1,159 million in R&D expenditure across 1,072 companies
- wholesale trade, with a total of $270 million in R&D expenditure across 319 companies
- financial and insurance services, with a total of $270 million in R&D expenditure across 220 companies
- information, media and telecommunications, with a total of $212 million in R&D expenditure across 194 companies.
The following graph shows the breakdown of the top 5 industries for privately owned and wealthy groups by number of overall claimants.
Graph 6 – Top 5 industries by number of claimants for privately owned and wealthy groups in the 2022–23 income year
Top 5 industries – small businesses
The top 5 industries for small businesses (in order by number of claimants) are:
- professional, scientific and technical services, with a total of $1,238 million in R&D expenditure across 2,820 companies
- manufacturing, with a total of $402 million in R&D expenditure across 1,136 companies
- information, media and telecommunications, with a total of $122 million in R&D expenditure across 340 companies
- wholesale trade, with a total of $83 million in R&D expenditure across 273 companies
- retail trade, with a total of $82 million in R&D expenditure across 247 companies.
The following graph shows the breakdown of the top 5 industries for small businesses by number of overall claims.
Graph 7 – Top 5 industries by number of claimants for small businesses in the 2022–23 income year