The new arrangements will replace the existing six research block grants with two streamlined programmes:
- Research Support Program (RSP) will provide around $879 million in 2017 to Australian universities as a flexible funding stream to support the systemic costs of research
- Research Training Program (RTP) will provide around $1.01 billion in 2017 to support the training of the next generation of researchers and innovators.
The changes create simpler, more transparent research funding arrangements that aim to improve our ranking and continue to focus on quality, while increasing incentives for industry and end-user engagement
New arrangements will commence 1 January 2017.
The Department of Education and Training has released program guidelines for the new arrangements. More information can be found on the research block grants webpage