Direct impact of indirect medical research costs

Independent medical research institutes copped a 7 cents in the dollar rise in indirect research costs 2018-2020

Medical research institute revenue was $2.43bn in 2020, 60 per cent from non-government sources, although cash from Canberra will pick up as the Medical Research Future Fund increases outlays.

But indirect cost increases mean the good news is not that great, according to the Association of Australian Medical Research Institutes annual report for 2022.

Australian government grants cover 70 per cent of direct research costs and make no contribution to operational costs.

For every research dollar received independent MRIs had to find a further 63c.