Government building MRFF grants

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Government has so far committed more than $60 million to funding for health and medical research in 2016-17 from the Medical Research Future Fund.

The Association of Australian Medical Research Institutes is keeping track of the funding announcements and released details yesterday.

It said the Budget confirmed an additional $120 million will be available for new health and medical research projects in 2017-18, with another $215 million in 2018-19.

The Medical Research Future Fund (MRFF), which was announced in the 2014-15 Budget, is being funded through a raft of health savings measures. It currently has a balance of around $5 billion. It is expected to reach its $20 billion target by 2022, at which time annual disbursements will be around $1 billion.

Grants has so far focussed on translation, enhancing Australia's clinical trials capacity, supporting the development of researchers, antimicrobial resistance and brain cancer.