Billion-dollar boost needed for medical research: review

The independent McKeon Strategic Review of Health and Medical Research wants 3–4% of the national health budget to be spent on medical research.

Between $1 billion and $1.5 billion – about 2% of health expenditure – is now directed to medical research each year, compared to the 3% invested by leading OECD countries, the review says.

The review, named after its chair, Simon McKeon, chairman of the CSIRO board and former Australian of the Year, also recommends creating up to 20 research centres (Integrated Health