IMB Director Professor Brandon Wainwright has joined the heads of other institutes in protesting planned cuts in medical research funding
IMB Director Professor Brandon Wainwright has joined the heads of other institutes in protesting planned cuts in medical research funding

12 April 2011

The directors of Queensland’s leading medical research institutes have joined forces to speak out against significant funding cuts to medical research foreshadowed in the upcoming Federal Budget.

The National Health and Medical Research Council (NHMRC), the peak body for funding medical research in Australia, is under threat to lose millions. Current funding for medical research represents less than 2 percent of federal health expenditure.[1]

Directors from the Queensland Institute of Medical Research (QIMR); The University of Queensland’s Institute for Molecular Bioscience (IMB), Diamantina Institute (UQDI), Queensland Brain Institute, and Faculty of Health Sciences; Mater Medical Research Institute; QUT’s Institute of Health and Biomedical Innovation (IHBI); Wesley Research Institute (WRI) and the Queensland Children’s Medical Research Institute (QCMRI) urge the Australian Government to take a long-term view and at least maintain current investment in medical research – the health of all Australians depends on it.

Protecting medical research funding is an investment in the future health of Australians. Medical advances have not only saved lives but have reduced healthcare costs, attracted international investment and built new industries.

Not only is medical research an investment in our health but it also delivers a positive economic return to the country. Every $1 invested in Australian health R&D, returns on average $2.17 in health benefits. [2]

National Health and Medical Research Council funding supported more than 8,000 jobs in Australia in 2010. Significant budget cuts will force our best scientists overseas to work in countries that value and support medical research, decreasing our ability to respond to the specific healthcare needs of Australians.

Queensland has worked hard to establish itself as the Smart State and a leader in health and medical research – reduced funding for medical research will risk losing our best researchers and jeopardising the future health of all Australians.

[1] Australian Institute of Health and Welfare, 2010.

[2] Access Economics, 2008.

 

For more information, please visit the Discoveries Need Dollars website:

http://www.discoveriesneeddollars.org/home/

Watch a podcast made by IMB's Dr Nicole Cloonan:

 

Media contacts:

Queensland Institute of Medical Research (QIMR)

Sarah Tennant, Science Communication Manager

07 3362 0291 or 0458 650 200 

sarah.tennant@qimr.edu.au

The University of Queensland’s Institute for Molecular Bioscience (IMB),

Bronwyn Adams, Communications Manager

07 3346 2134 or 0418 575 247

b.adams@imb.uq.edu.au

 

Queensland Brain Institute

Denise Cullen, Executive Communications Officer 

07 3346 6434

d.cullen2@uq.edu.au

 

Diamantina Institute

Caroline Davy, Communications Manager

07 3176 6623

c.davy@uq.edu.au

 

UQ Faculty of Health Sciences

Marlene McKendry, Communications Manager

07 3346 4713 or 0401 996 847

m.mckendry@uq.edu.au

 

Mater Medical Research Institute

 Jacqui Hayes, Senior Public Affairs Officer

3136 2378

Jacqueline.hayes@mater.org.au

 

QUT’s Institute of Health and Biomedical Innovation (IHBI)

Ross Young, Executive Director

rm.young@qut.edu.au

 

Wesley Research Institute

Jason Davidson, Marketing Manager

07 3721 1508 

jdavidson@wesleyresearch.com.au

 

Queensland Children's Medical Research Institute

Marcus Engeman, Chief Operating Officer 

07 3636 1263

marcus.engeman@qcmri.org.au

 

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