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Investing in Health and Medical Research – Medical Research Future Fund 10-year investment plan

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Publication date: 
31 March 2019
Last updated: 
11 May 2021
Publication type: 
Fact sheet
Intended audience: 
General public

The Government's $5 billion, 10-year investment plan for the Medical Research Future Fund (MRFF), includes:

  • $1.3 billion to improve patient outcomes by providing:
    •  additional funding for vital clinical trial activity
    •  new research funding to tackle global health issues
  • $792.8 million to build the capacity of Australian researchers by providing: 
    • additional fellowship positions
    • collaboration opportunities with industry
    • continued support develop innovative ideas
  • $1.4 billion to support crucial Australian research missions that have the potential to:
    •  challenge current ways of thinking 
    •  transform medical research 
    •  inspire researchers to be bold 
    •  change the face of medicine
  • $1.5 billion to for research translation that:
    • harnesses research and translates it into real-world benefits for Australians
    • establishes and extends our data infrastructure to support world-class health and medical research