The National Health and Medical Research Council (NHMRC) is Australia's peak funding body for medical research, with a budget of roughly 700 million dollars a year. The Council was established to develop and maintain health standards and is responsible for implementing the National Health and Medical Research Council Act 1992.
This body is a material agency and is incorporated under the Financial Management and Accountability Act 1997. It was a part of the Department of Health and Ageing portfolio until mid-2007. It is now a self-governing statutory authority.
In 2010 the NHMRC's new online system for grant applications was the subject of criticism after a series of technical problems.
Read more about National Health And Medical Research Council: Medical Research Grading
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Of England’s Council and her Treasury,
Who lived in both, unstain’d with gold or fee,
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Till the sad breaking of that Parliament
Broke him, as that dishonest victory
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Kill’d with report that old man eloquent;—”
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