AU’s research institutes face financial decay as costs outrun grants
Australia's independent research institutes are facing a financial crisis as the rising costs of research outpace government grant funding. A new national strategy proposes structural changes to funding streams to address job insecurity and declining success rates.
Why it matters
The sustainability of research institutes is vital for scientific innovation and the long-term health of the national research workforce.
Published: 17 hours ago Photo by Ben Mack via Pexels AU’s research institutes face financial decay as costs outrun grants Average annual real funding growth over the past decade stood at just 1.4%.
The article objectively summarizes a government strategy report regarding funding challenges.
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