Important read here from @veronikameduna.bsky.socialwww.science.org/content/arti... The below (from the BIM) identifies a $115.28M reduction in baseline funding for R&D. This is going to hurt 😢

Scrapping unspent previous year's budget sounds innocuous but this underspend is mostly due to the arcane purchasing rules brought in by Joyce's MBIE, designed to slow/stop purchasing. Annual departmental budgets became meaningless bc underspending became baked in

Definitely seems like MBIE find science funding easier to cut than anything else. Not their jobs on the line that way I guess.

If all the scientists quit and become landlords, imagine the bold new society we'll create.

Good thing this Government’s all about improving the economy through increased productivity 🙄

For a government that says is so all about to moving forward, being stuck in reverse regarding research funding is so counterproductive.