The McGowan Government has announced the make-up of the Advisory Council of WA’s Future Health Research and Innovation (FHRI) Fund.
The FHRI Fund was the centrepiece of the State Government’s commitment to drive research and innovation in Western Australia by providing the State’s health and medical researchers and innovators with a secure and ongoing source of funding.
Its establishment followed legislation that repurposed the WA Future Fund (the State’s sovereign wealth fund) – allowing interest earned on it to be directed to local health and medical research, innovation and commercialisation.
The Advisory Council of eminent Western Australians will provide high-level advice to the Health Minister and the Department of Health.
The announcement of the council coincides with the launch of the WA Future Health Research and Innovation Fund Strategy 2020-2022 which will provide direction for FHRI Fund activities.