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Financial Reporting

Research Grants

The Research area within the Financial Management Unit has the following role in respect to Research Grants:

  • In conjunction with the University's Legal Officer, review of contracts prior to signing to ensure that Financial Services responsibilities are clear and not compromised or unreasonable
  • Establishment of FMIS accounts for Researchers to access grant money
  • Acquittal of grant money to funding bodies (DEETYA, ABS etc.)
  • Execution of contract requirements, for eg: invoicing, financial statements, the charging of infrastructure, establishing budgets
  • Advisory service for the use of grant money according to the contract guidelines
  • Follow-up on account status, for eg: income reviews, debit balance reviews, budget reviews, and carry forward requests
  • Advice on who to approach when seeking to establish a research grant
  • Monthly reconciliation of research income provided by DEETYA (in HEFA)

ARC/NHMRC Salary Gaps

Effective from 01-Jan-1999 all appointments on the Academic Salary rates above an Academic Level A Step 06 (ARC) or Academic Level A Step 01 (NHMRC) will incur in a salary gap. This gap is due to a condition set down in the grant document that sets out how the grant will be funded. These conditions also prevent the gap from being funded from an ARC/NHMRC grant account.

The gap amount is the difference between the ARC/NHMRC approved salary rates and the salary rates applicable at the University of Tasmania plus on-costs. Advice has been forwarded to all Schools (by the Research and Development Office) advising them that a second account needs to be nominated when requesting an appointment against an ARC or NHMRC grant account where this salary gap exists. A staffing appointment cannot proceed past the funds availability process until the entire cost of the appointment has been confirmed.

The following items will only reduce the amount of the salary gap and will not stop a salary gap existing:-

  • Reducing the length of the appointment
  • Reducing the fraction of the appointment

Links to related sites

The Research and Development Office website is a good place to look for detailed information on - Consultancies, Cooperative Research Centres, Infrastructure Policy, Intellectual Property, Research Budgets, Research Contracts.