Policy: National Institutes Grant
The purpose of this policy is to prescribe the principles for allocation, expenditure and accountability of the National Institutes Grant within the University.
The University receives the National Institutes Grant in recognition of the University’s role as a national institute.
The allocation, expenditure and accountability of the National Institutes Grant within the University must meet the obligations of this policy and supporting policy documents to continue to fulfil the University’s role as a national institute and enable an outstanding return on investment to the Australian Government.
This policy applies across the University.
Purpose of the National Institutes Grant
- The purpose for which the National Institutes Grant is provided to the University is to recognise the role the University plays as a national institute in facilitating key activities that are of national significance.
- Key activities that are of national significance include:
- maintaining and enhancing distinctive concentrations of excellence in research and education, particularly in areas of national importance to Australia;
- supporting the development of Australia’s national unity and identity, including by improving Australia’s understanding of itself and the history and culture of its Indigenous peoples, its Asia-Pacific neighbours, and its place in the international community;
- maintaining and further developing the University’s strong focus on research and the University’s educational philosophy that its students are part of a community of scholars;
- enhancing Australia’s prosperity through supporting sustainable economic development, innovation and creativity, and research and education (particularly research and education in areas of national importance to Australia);
- providing a national, regional and international public policy resource to address major issues confronting governments, business and communities;
- aspiring to the highest international standards of scholarship; and
- maintaining and further developing long-term strategic relationships with government, business, other universities and institutions and the public, both within Australia and internationally.
- In determining areas of national importance to Australia, consideration is given to Australian Government policy, for example the Science and Research Priorities and the 2030 Strategic Plan for the Australian Innovation, Science and Research System, as updated from time to time.
Allocation and Expenditure of the National Institutes Grant
- The National Institutes Grant is allocated internally on an annual basis through a combination of direct and indirect allocations.
- Expenditure of the National Institutes Grant occurs in accordance with the purpose of the National Institutes Grant as provided for in this policy and any supporting policy documents.
- In accordance with the supporting policy documents the:
- allocation and expenditure of the direct allocation of the National Institutes Grant to organisational units is subject to agreement and review by the NIG Panel,
- University may adjust the direct allocation of the National Institutes Grant to organisational units as part of annual review and bidding processes; and
- allocation and expenditure of indirect allocations of the National Institutes Grant are subject to their relevant governance arrangements, this policy and supporting policy documents.
Accountability of the National Institutes Grant
- Expenditure of the National Institutes Grant is accounted for both internally and externally, through annual review and reporting processes, as specified in the supporting policy documents
Delegations relevant to this policy
- 215: Approve annual University budget.
- 216: Authorise variations within annual University budget.
- 217: Allocation of budgets