MHP Group’s Post

A big turnout for a big Budget. Great to have political, market and media heavy-hitters giving their analysis of Labour’s fiscal statement at MHP Group HQ this morning. If you missed it, read our top five takeaways here: https://lnkd.in/eWReUnXb

This year marks the 50th anniversary of the landmark Congressional Budget and Impoundment Control Act. We recently reflected on the act's significant impacts and challenges with former members of Congress; Congressional Budget Office directors Dan Crippen, Douglas Elmendorf, Keith Hall, Douglas Holtz-Eakin, Robert Reischauer, and Phillip Swagel; and Office of Management and Budget Director Shalanda Young to discuss the future directions of the budget. #Bipartisan #BudgetReform #FiscalPolicy

Exciting times ahead! 📊 Don’t miss out on this insightful panel discussion. Register now to stay informed about the key announcements and their potential impacts. #Budget2024 #ExpertPanel #FinancialInsights

We look forward to providing Greater Boston Chamber of Commerce and MTF members with a closer look at our recent Massachusetts Competitiveness Index report! Don’t forget to register to learn more about the report and be a part of the discussion! #mapoli #policy #research

With next week being #AutumnBudget2024 week, make sure you're registered for Larking Gowen's Budget webinar, where our team will summarise all the information you need to know https://bit.ly/3AaIjZO

Join our panellists as they analyse and debate the details and complexities of the Australian Federal Budget announcement. Register now to understand what the outputs will mean for you and your business 👇 #budget #economy

This is a major problem for medical researchers, who are focused on improving the health of people in our community. It’s been estimated that a researcher will spend a third of their annual working time writing grant applications to find funding to keep the research going. Then when one is fortunate enough to be awarded a grant, it only covers a portion of the actual costs of conducting the research. Many end up working part time because the grants don’t cover the full cost of their time. Imagine if government grants DID fund the full cost of research - how much more could we achieve for the good of the community! Instead of spending our time chasing the gaps. The Australian Government has an opportunity this budget to turn this around. We have one of the lowest rates of research funding (as a percentage of GDP) in the OECD. AAMRI has developed a plan. A visionary government would see this as an opportunity to build the future health of our nation.

Worth a try

A major issue for Sam and researchers like her are the major salary shortfalls between the PSPs and the salaries at the host universities, in the order of 40%!!! It’s the same for NHMRC and MRFF. A MRFF EMCR grant I lead, which was highly competitive and fairly prestigious, has a $1M salary shortfall, most of the salaries are for postdocs that are CIs on the grant. Only one host institute has agreed to fund the gap. The system needs to fully fund salaries especially for postdocs who have less options for salary support, are less well established, less well known. Or they spend their precious time writing more grants to fund the shortfall or work part time instead of full time. The entire system is broken. #MRFF #EMCRs #medicalresearch