Sussan Ley (Farrer, Liberal Party, Minister for Health) Share this | Hansard source

Mr Speaker, I join with my friend and colleague the member for Lyne in congratulating you on your outstanding success in the chair. It is reflective, if I may say, of the calibre of the class of 2001—another member of which is in the gallery. Pat Farmer, hello.

As the Treasurer has said, the landmark Medical Research Future Fund Bill has today passed through the Senate with amendment. The government looks forward to the amended bill returning to the House and being passed as soon as possible. This is a milestone step in delivering an additional $1 billion each and every year to medical research in this country. Let us reflect that the MRFF will build up a balance of $20 billion and, with that endowment, will continue in a stable and consistent way to distribute $1 billion a year towards medical research.

Mr Bowen interjecting—

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