Medical Research Future Fund

**About the MRFF** The Medical Research Future Fund (MRFF) is a research fund set up by the Australian Government in 2015. In September 2025, it grew to $24.83 billion. The net interest from the fund pays for important health and medical research projects. **Why is the MRFF important?** The MRFF is important because it: - allows Australians to benefit from life-changing medical discoveries - funds research according to national priorities, filling gaps in areas that need more research - helps our researchers develop their ideas in Australia - develops Australia's growing biotech industry, creating future jobs and exports - builds stronger relationships between researchers, healthcare professionals, governments and the community - invests in all research stages — from research ideas, through laboratory research and trials, to the final commercial product. We direct MRFF funding to 4 overall [research themes](https://www.health.gov.au/our-work/mrff/research-themes "MRFF research themes"), focused on patients, researchers, research missions and research translation.