WA Govt delivers on med research promise

Capital account for WA med research but not so much interest

Back in May, the WA Government promised to direct income from the state’s $1.2bn future fund to health and medical research, (CMM May 13).  And it has done just that, with legislation now before parliament. Good, but $1.2bn in capital does not generate the sort of income it used to. The government estimates there will be $126.6 million for research over the next four years.


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