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Government and university planning cycles are completely out of sync, making it almost impossible for tertiary institutions to develop long-term technology and innovation projects.

The CEO of the Group of Eight universities, Peter Hoj, says the development of commercially-realisable technology requires lead times that run over decades, whereas the political cycle is turning over every two or so years.

Image: The CEO of the Group of Eight universities, professor Peter Hoj, says the political cycle is completely at odds with what universities are in need of. Damien Bredberg