Billions in medical research funding is left on the table


Joseph Brookes
Senior Reporter

Australia’s $25 billion medical research fund could be dispersing more than twice what it is currently – an extra $750 million annually – and still break even, according to a report that has triggered calls to lift the government’s “arbitrary cap” on grants.

The new analysis from the Parliamentary Budget Office confirms a huge potential underspend from the Medical Research Future Fund (MRFF) that was set up in 2015 to …

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