| Institute* | Funding | |
| Walter and Eliza Hall Institute of Medical Research | $8 734 886 | |
| Howard Florey Institute of Experimental Physiology and Medicine | (VIC) | $5 505 888 |
| Queensland Institute of Medical Research (QLD) | $5 074 825 | |
| Baker Medical Research Institute (VIC) | $3 867 270 | |
| Garvan Institute of Medical Research (NSW) | $3 160 426 | |
| Institute of Medical and Veterinary Science (SA) | $2 512 943 | |
| Prince Henry's Institute of Medical Research (VIC) | $2 213 840 | |
| Austin Research Institute (VIC) | $1 921 221 | |
| St Vincent's Institute of Medical Research (VIC) | $1 378 988 | |
| Murdoch Institute for Research into Birth Defects (VIC) | $1 289 629 | |
| Centenary Institute of Cancer Medicine (NSW) | $1 175 266 | |
| Menzies School of Health Research (NT) | $1 120 386 | |
| Children's Medical Research Institute (NSW) | $1 013 361 | |
| Mental Health Research Institute (VIC) | $1 008 828 |
©MJA 1997
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