Tag: Federal Budget

SMARTER INVESTMENT NEEDED IN FEDERAL BUDGET TO ENABLE BOLD AND AMBITIOUS REFORMS FOR AUSTRALIA’S HEALTH AND MEDICAL RESEARCH AND INNOVATION SECTOR

Research Australia, your national alliance and peak body, has submitted its Pre-Budget Submission on behalf of the health and medical research innovation sector.

Key asks include:

  • Smarter Investment: establishing a measurable path to R&D investment of 3%; developing a definitive pathway to funding the full costs of research; and utilising the Government’s procurement powers to better support Australian businesses and activate innovation through establishing an Australian-designed BARDA system.
  • A Diverse and Supported Health and Medical Research Workforce Plan that defines and invests in the workforce the country needs and wants for research, innovation and commercialisation, including a dedicated focus on early-mid career researchers.
  • A whole of system, pipeline and government approach, across portfolios and jurisdictions by putting health and medical research, development and innovation, including prioritising prevention, at the heart of all government policy.

Read Research Australia’s 2025-26 Pre-Budget Submission here

Detail of further MRFF payments released

The Turnbull Government continues to deliver on the promise to establish a flow of funding into health and medical research $20 billion capital target to be achieved in 2020-21.

Part of the $10 million announced in the 2017-18 budget is to be allocated to the existing AHRTCs ($8 million) and $2 million to help the existing and new AHRTCs and CIRHs.

Tuesday’s announcement concerned the $2 million being allocated to Monash Health Partners, an active member of Research Australia, the AHRTC built around Monash University. It will fund a number of projects across cancer, cardiovascular and diabetes to improve access to and use of new and existing services.

More announcements to come as they gear up to notify the sector of funding for other AHRTCs and Centres for Innovation in Regional Health.

[Read the full media release]

Federal Budget a Combination of Treatments, Placebos and Nocebos for Health and Medical Research

Media Release: Wednesday 4 May 2016

Research Australia, which represents 160 health and medical research organisations, has described last night’s budget as mixed bag – with some wins, some losses and some more detail required.

“The Federal Government is making all of the right noises when it comes to innovation, health and research, and it is pleasing that they remain on the agenda,” said CEO Nadia Levin.

“The budget would be described by my members as a combination of ‘treatments, placebos and nocebos’, and the challenge for government is to back it up with funding.”

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