Monash University announced that it will continue to provide vital research expertise for the Institute for Safety Compensation and Recovery Research (ISCRR) under a new five-year agreement with the Transport Accident Commission (TAC) and Victorian WorkCover Authority (VWA).
The new Research Institute Collaboration Agreement (RICA) will see the TAC and VWA continue to fund the Monash-based Institute through to 2018, investing $28 million over five years in health and safety, compensation and recovery research.
ISCRR is the nation’s only research institute dedicated to studying injury compensation systems and their health, social and economic impact. The institute also has a major focus on occupational health and safety.
In 2011 ISCRR also established a major brain and spinal cord injury research program via an agreement with the TAC to develop and manage their $20 million neurotrauma research portfolio.
“Every year nearly 16,000 Victorians are injured in transport accidents and make TAC claims, and more than 28,000 have a work-related injury or disease that leads to a workers’ compensation claim,” Mr Paul Shannon, ISCRR Interim Chair, said.
“The health, social and economic impact of these injuries is enormous.”
In 2012/13 the TAC paid $1.09 billion in support services and benefits to aid the recovery and independence of its clients, while the VWA provided more than $1.5 billion in services to injured Victorian workers.
TAC Chief Executive Officer Janet Dore said this major investment in research aimed to improve the recovery of those injured at work or on the roads.
“The TAC continues to invest in traumatic injury research to ensure that it can be at the cutting edge of best practice, in providing support to people injured in road accidents,” Ms Dore said.
Denise Cosgrove, Chief Executive of the VWA, said the institute provided valuable insights into injury prevention, compensation and rehabilitation.
“Its research benefits every Victorian worker and helps ensure those injured at work continue to receive the best possible care, support and rehabilitation,” Ms Cosgrove said.
Mr Shannon said that over the past five years ISCRR had worked closely with its partners to ensure that its research has a positive impact on the TAC, the VWA and improved the lives of injured Victorians.
“This new investment in ISCRR allows us to continue that mission and to increase our impact,” he said.
ISCRR is also gaining recognition for its ability to translate research findings into practical outcomes. In 2012 Monash and ISCRR received the prestigious Ashley Goldsworthy award for sustained collaboration with industry from the Business-Higher Education Round Table.
Monash University Pro Vice-Chancellor (Research), Professor Pauline Nestor, said the collaborative partnership established in 2009 underscored the University’s commitment to research that has a real world impact.
“Providing the research expertise for the institute continues to strengthen the University’s capacity to connect with industry and government to conduct first-class research that improves lives and has an influence well beyond the academic community,” Professor Nestor said.
“This collaboration between Monash University, the TAC and the VWA illustrates how we are already achieving that goal.”