The Sustainable Use of Australia's Biodiversity: Transfer of Traditional Knowledge and Intellectual Property. Australia has a diverse and unique resource in its native and natural biology. Its indigenous peoples have learned to harness this resource and have accumulated knowledge of its usefulness to humans in the treatment of illnesses and ailments. It is in the national interest that this knowledge be exploited and that the benefits be shared equitably with them, but importantly that its pot ....The Sustainable Use of Australia's Biodiversity: Transfer of Traditional Knowledge and Intellectual Property. Australia has a diverse and unique resource in its native and natural biology. Its indigenous peoples have learned to harness this resource and have accumulated knowledge of its usefulness to humans in the treatment of illnesses and ailments. It is in the national interest that this knowledge be exploited and that the benefits be shared equitably with them, but importantly that its potential in pharmaceuticals and treatments be maximised by Australian researchers and industry. This project looks at how patent regulation can be improved to meet these national interests.Read moreRead less