The George Institute welcomes an additional $1 billion in funding for Australian university research
The George Institute for Global Health welcomes the Australian Government’s announcement of $2.9 billion in funding for Australian university research over the next year.
The $2.9 billion announcement represents a $1 billion increase from last year that will be used to support student scholarships, academic salaries, laboratories and research equipment.
The George Institute’s Executive Director Professor Bruce Neal supported the increase in funding, particularly as universities were financially impacted by COVID-19.
“The increased investment in our universities will help our world-leading Australian researchers to carry on their work,” he said.
“I am pleased that The George Institute’s affiliated university, UNSW Sydney, will receive $286 million, an increase on last year’s funding of $109 million, or 62 percent.”
“The funding for UNSW will benefit The George Institute and our researchers, as we share a strategic vision to drive change through impactful research,” Professor Neal said.