Perth's The Kids Research Institute Australia has welcomed the passing of legislation to establish the Medical Research Future Fund (MRFF).
The Kids Director Professor Jonathan Carapetis said the MRFF was a boost not only for the health and medical research sector but also for the families and children whose health future relies on research to discover better treatments and cures.
"The MRFF has the potential to be transformative for medical research in Australia because it will not only increase and enhance what we already do, it will allow us to be more strategic in our approach to tackling the big priorities and issues in health," Professor Carapetis said.
"The MRFF will provide funding in addition to the National Health and Medical Research Council grants so we can do more to attract and retain the best and brightest researchers who are investigating the big health issues affecting children, young people and families."
Read the full media release from the Association of Australian Medical Research Institutes (AAMRI).