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https://www.theguardian.com/australia-news/2025/nov/05/monique-ryan-urges-australia-to-fast-track-medical-innovation-funding-as-trump-guts-research>
"Australian scientists and independent MP Monique Ryan are urging Labor to
speed up funding for cutting-edge Australian medical innovation, taking
advantage of the growing vacuum caused by Donald Trump’s gutting of
government-funded research in the US.
Ryan, the Kooyong MP and paediatric neurologist, is urging the Albanese
government to release more of the earnings from the $20bn Medical Research
Future Fund, above the annual disbursement amount of $650m.
Research by the Parliamentary Budget Office shows the total value of the MRFF
will grow at least $30.1bn within a decade, even if $1bn is released for
research funding each year.
The fund’s average annual rate of return has easily outperformed its benchmark
since being created by the Turnbull government in 2015, and Ryan has told Labor
a larger annual release from the fund’s earnings can boost life-saving
innovation.
Recent Treasury figures put the MRFF’s current value at $24.1bn.
Ryan’s calls for more funding to be made available each year has been backed by
leading research and academic organisations, including the Group of Eight
universities, the Association of Australian Medical Research Institutes,
Australian Academy of Health and Medical Sciences, and the Australian Academy
of Science."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
