Support for excellent health and medical research in Australia continues in the 2023-24 Budget handed down on 9 May 2023.
Current projections indicate that new commitments from the Medical Research Endowment Account (MREA) will reach $929.8 million for the 2023 NHMRC grant round.
The Government’s funding for health and medical research through the Medical Research Endowment Account (MREA) will continue to grow with indexation over the Budget and forward estimates, with total funding projected to reach almost $3.8 billion in the four years to 2026-27.
This support is in addition to the significant funding that will be provided from the Medical Research Future Fund (MRFF), projected to total $2.6 billion over the next four years.
The Women's Budget Statement, issued with the Budget, recognises NHMRC’s continuing work with the Department of Health and Aged Care (responsible for implementation of the MRFF) to develop a Statement on sex and gender in health and medical research, reflecting a joint commitment to improve the integration of sex and gender considerations in health and medical research.
Professor Anne Kelso AO
Chief Executive Officer