$50m boost on diabetes
THE quest to find a cure for type 1 diabetes will be given a multimillion-dollar boost if Labor wins the next election.
Labor Leader Bill Shorten will kick off his election-year campaign today with a pledge of $50 million for the research arm of the Juvenile Diabetes Research Foundation.
The current funding is due to expire in June — weeks after polling day — prompting Labor to extend and increase its commitment for a further five years to 2024.
More than 122,000 Australians have type 1 diabetes, a lifelong auto-immune disease which is estimated to cost the Australian health system more than $400 million each year.