Submission Health innovation Smarter investment System reform and governance Clinical trials Commercialisation Economic diversification Indirect cost Medicines

2022–23 Pre-Budget Submission

Research Australia 1 December 2021 2021 · Submission

In brief

Research Australia recommended the Government to lift research and development spending to at least 0.75% of GDP and invest in medical manufacturing, including an RNA technology mission and a US-style agency to develop and buy Australian medical products. It also sought more funding for NHMRC and ARC grants, the indirect costs of research, prevention and health data.

Abstract

This pre-budget submission to the Australian Government for the 2022–23 Budget maintains that maintaining and expanding Australia’s health and medical research and innovation capacity, which underpinned its COVID-19 response, is in the national interest and a pathway to a more diversified economy. Research Australia notes that Gross Expenditure on Research and Development fell from 2.25% to 1.79% of GDP between 2008–09 and 2019–20, Australian Government R&D investment has dropped to around 0.5% of GDP, Australia ranks 86th of 133 on the Harvard Economic Complexity Index, and universities increasingly fund research from their own revenue. Its recommendations include a whole-of-governments review of pandemic preparedness; a National RNA Technology Mission; Government R&D spending of at least 0.75% of GDP; a goal of becoming a net exporter of pharmaceuticals by 2035; a feasibility study into manufacturing facilities for clinical trial materials; an Australian equivalent of the US Biomedical Advanced Research and Development Authority (BARDA) and its manufacturing centres; real increases to National Health and Medical Research Council (NHMRC) and Australian Research Council (ARC) funding; a Chief Scientist-led review of indirect research costs, reversal of Research Block Grant cuts and a new Independent Research Institute Infrastructure Support Scheme (IRIISS) stream for Medical Research Future Fund grants; an expert working group on the Patent Box; expanding the $1.9 billion research infrastructure envelope; implementing the Innovation Metrics Review; multi-year funding for the National Preventive Health Strategy 2021–2030; infrastructure for the Data Availability and Transparency Bill; and resourcing the Australian Institute of Health and Welfare to release My Health Record data for research.