Faster than a speeding CPI!

Research Australia was quick to demand an “urgent injection of funding” for the National Health and Medical Research Council following annual inflation reaching 5.1 per cent in the 12 months to the March quarter.

With inflation ahead of the budget forecast, “important medical discoveries are at greater risk of going unfunded,” Research Aus warned yesterday.

A first call for a CORA (as in cost of research adjustment)!