The new will be able to attract and retain world-leading health professionals on the NSW Central Coast thanks to a $12.5m investment from the Coalition Government.
Just prior to the Budget Treasurer the Hon. Scott Morrison and Member for Robertson, Lucy Wicks announced that funding of $12.5 million will be included in the 2017-18 Budget, for the new Medical School and Medical Research Institute at Gosford Hospital.
The Central Coast Medical School and Medical Research Institute is a ground breaking new facility being delivered through a combined investment of $72.5m by the Federal and NSW Governments and the University of Newcastle – including a $32.5m commitment from the Turnbull Government.
The Treasurer said the additional operational and transitional funding of $12.5m over five years would assist the University of Newcastle in vital operational and transitional costs when the Medical School opens on the grounds of the redeveloped Gosford Hospital.
“The Coalition Government is delivering on our commitment to the Medical School and Research Institute – and a significant reason for this is the advocacy from Lucy Wicks on behalf of families and businesses in her electorate,” the Treasurer said.
“The funding commitment in the 2017-18 Budget will ensure the Medical School isn’t just a building, but a facility that attracts and retains world class clinicians, educators and public health leaders on the Central Coast from the very first day that students start arriving for classes in 2020.”
Mrs Wicks said she had been fighting for the funding to help equip a new generation of local medical students to provide the best possible integrated care to Central Coast patients.
“We have the potential to transform Gosford into the hub of a vibrant local economy built on research, innovation, health and education. Some of the world’s best universities, including the University of Cambridge and New York University, are also in line to become delivery partners in this project as part of the University of Newcastle’s International Advisory Board,” Mrs Wicks said.