
Most health research in Australia is funded by the National Health and Medical Research Council (NHMRC), which distributes around $800 million each year through competitive grant schemes. An additional $650 million a year is funded via the Medical Research Future Fund, but this focuses more on big-picture “missions” than researcher-initiated projects.
Ten years ago, around 20% of applications for NHMRC funding were successful. Now, only about 10–15% are approved.