Abbott pledges $200m for dementia research

The Opposition leader said yesterday that without a medical breakthrough nearly one million Australians would suffer from dementia by 2050.

Currently there were 320,000 Australians affected by dementia, including one in every four Australians over 85, he said.

The $200 million over five years would accelerate research into dementia by supporting new researchers to start work in the field, allocating priority funding for dementia research projects, improving the transfer of existing research into better care, and investing in infrastructure.

In a statement, Mr Abbott said the promise was in addition to previous election promises to protect medical research funding and provide an additional $35 million to fund research into type 1 diabetes.

“Australia has some of the best medical researchers in the world. This announcement will further strengthen Australia’s work and reputation as well as give some hope and comfort to the 1.2