The 2011 research report, described by Vice-Chancellor Dr Max Price as a "brag-report", reveals how well the University did last year in terms of research. At the launch of the report, Price said that the university had recorded an overall increase in research funding in 2011. Specifically, the funding of postdoctoral researchers increased by 16%, and that of postgraduates, as a whole, by 13%. He pointed out that in both cases these figures were well above the inflation rate. "These are phenomenal growth figures and we are very proud."