Articles on Research funding

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Revolutionary technologies like CRISPR are founded on discoveries uncovered through basic research that attracts very little attention. United Soybean Board/flickr

New study confirms what scientists already know: basic research is under-valued

On average, important new lab techniques like CRISPR take 23 years to develop – but there is a public expectation that scientific breakthroughs occur quickly and efficiently.
In 2016, it cost A$12.4 billion to operate the Group of Eight universities, of which public funds from the government provided A$6.7 billion. The London Economics report reveals that the work of the Group of 8, delivered a return of over A$66 billion to the nation. UNSW

National Press Club address: Ian Jacobs on universities, Australia’s ‘hidden’ asset

A new report found that every one dollar of public funding spent on Go8 university research generated A$9.76 across the Australian economy, a roughly 10 fold return on the government's investment.
It takes time to see which finding might be a golden egg. Neamov/

Funding basic research plays the long game for future payoffs

Basic research can be easy to mock as pointless and wasteful of resources. But it's very often the foundation for future innovation – even in ways the original scientists couldn't have imagined.
The Urban Planning Exhibition Centre in Shanghai – good planning is immensely valuable. Jordiferrer/Wikimedia Commons

Australian cities are crying out for better planning, but the research funding is missing

Given the challenges Australian cities face, the need for urban planning based on solid research is greater than ever. Sadly, when it comes to research funding, planning is at the back of the queue.

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