4 minutes ago
Tertiary Education Minister Penny Simmonds has announced that the Performance-Based Research Fund will be replaced by the Tertiary Research Excellence Fund in 2028.
Academics are cautiously welcoming an overhaul of the system for sharing $315-million-a-year in research funding among universities and other tertiary institutes.
The government has announced a replacement for the Performance-Based Research Fund which allocates the research component of government funding for enrolments in degrees and higher qualifications.
Tertiary Education Minister Penny Simmonds said it would be replaced in 2028 by the Tertiary Research Excellence Fund, which would significantly reduce compliance costs for tertiary institutions.
