- First funding allocated from the Medical Research Future Fund- $65.9 million
- MRFF to reach $20 billion in 2020/21
- NHMRC Funding continues to flatline
- ARC Funding is also in slow decline
Continue reading “Budget 2017-18 | Budget Summary”
Media Release: Wednesday, 9 November 2016
With almost two in three Australian adults and one in four children overweight or obese, two-thirds of Australians over the age of 50 with poor bone density, and one in six Australians with chronic back pain, tonight’s release of the Medical Research Future Fund (MRFF) Strategy sets out the roadmap for addressing some of our biggest health issues.
That is the verdict from the medical research community and Research Australia, the organisation behind the virtual doubling of health (NHMRC) funding in 2000, and again in 2005.
“As the organisation that has been championing health and medical research for the last 15 years, we can tell you the MRFF is a real game changer,” said Research Australia Chair, Dr Christine Bennett.
CEO of Research Australia, Nadia Levin said the MRFF Strategy’s vision of a health system informed by quality research is exactly what’s needed.
“Research Australia shares the Strategy’s vision of a health system fully informed by quality health and medical research,” said Levin.
Media Release: Monday 5 September 2016
The Roy Morgan Research poll conducted for Research Australia, also shows 78 per cent of Australians believe the MRFF will lead to better health outcomes.
“It is clear there is significant support for the Medical Research Future Fund and Australians want to see it become a reality,” said CEO of Research Australia, Nadia Levin.
Media Release: Friday 26 August 2016
Australian health and medical researchers have welcomed a significant step to secure Australia’s health and medical research future.
The transfer of $1.277 billion to the Medical Research Future Fund Special Account is being read by the sector as words in action.
“This is Prime Minister Turnbull and Health Minister Ley doing exactly what they said they would do – build our health system and build an innovation nation,” said CEO of Research Australia, Nadia Levin.
Media Release: Monday 27 June 2016
An alliance of 160 health and medical research organisations has warned that without a multi-party commitment, the ground-breaking Medical Research Future Fund risks being dead on arrival.
“When medical researchers, albeit half-jokingly, talk of leaving their labs and taking to the streets, you know something has gone awry with public policy,” said Research Australia CEO, Nadia Levin.
Media Release: Monday 6 June, 2016
A new report from the health and medical sector says the Medical Research Future Fund (MRFF) needs to prioritise closing gaps between health research, health practice and the health economy.
Translating Research for a sustainable future comprehensively brings together the positions of 160 of Australia’s leading health and medical research organisations, companies and personnel.
The review, contributed to by prominent researchers, universities, and businesses in the field, outlines the sector’s view on priorities for the MRFF over the next two and five years.
The MRFF provides a unique opportunity to transform Australian health and medical research and innovation.
The Health Minister has appointed an Advisory Board of eminent Australians to develop a five-year Strategy for the MRFF and the funding priorities for the first two years.
The Australian Medical Research Advisory Board supporting the Medical Research Future Fund (MRFF) has announced the commencement of a two stage consultation process on the five-year Strategy and two-year Priorities. The first stage is a public call for submissions.
A consultation Paper and more information in relation to making a submission are available on the Department of Health website. Submissions close on 6 June 2016. This will be followed by a second stage of targeted consultations to be held in July.
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.”
The following are some of the key announcements in the 2016-17 Budget which affect health and medical research. Information has been drawn from the budget papers, including portfolio and agency statements. The Budget papers are available here.
The Budget has confirmed the Government’s continued commitment to the MRFF. However, it is now expected to meet the $20 billion target in 2020-21, a year later than first projected in the Budget in 2014 (Note 1). 2019-20 was confirmed as the target date for full capitalisation of the MRFF as recently as December last year, in the NISA Fact Sheet on the Biomedical Translation Fund (Note 2).