A unique partnership between the NSW Government and UNSW Sydney will ensure medical discoveries move from the benchtop to the bedside much faster - benefitting patients, the community and the economy.
Premier Gladys Berejiklian said the partnership will deliver a state-of-the-art medical education, training and research facility to Randwick and will help ensure the latest research leads to much faster improvements in patient care.
“We want to attract the best and brightest scholars, health professionals, researchers and students to NSW,” Ms Berejiklian said.
“With partners such as UNSW, we are creating precincts that will be the envy of the rest of the world. By working with world-leading health and education professionals, we will grow the State’s medical research sector, create more jobs and cultivate excellence in medicine, research and public health.”
Health Minister Brad Hazzard said the new UNSW Health Translation Hub will be delivered using an initial investment of up to $250 million from the university and builds on the Government’s own injection of $720 million for the Randwick Campus Redevelopment project.
“Students, academics and researchers will have incredible access to clinical settings, leading to better outcomes for patients and the community,” Mr Hazzard said.
The new building will co-locate the Prince of Wales Clinical School, the School of Women’s and Children’s Health, and the School of Psychiatry. It will also have ambulatory care clinics in neuroscience, public and population health.
Treasurer Dominic Perrottet said the NSW budget position gives universities the confidence to further invest in NSW.
“It’s only through the strong financial position in NSW created over the past eight years that we are able to deliver innovative and world leading centres like this,” Mr Perrottet said.
“We are investing billions in healthcare and integrating services, such as transport, education and health is a smart way to get the best value for the community.”
Patients, students, staff and researchers at the new precinct will benefit from the NSW Government’s $2.1 billion light rail, connecting the campus to the CBD.
UNSW has plans to invest an additional $250 million across the Randwick Campus over the next 10 years, including the purchase of new medical and research equipment.
UNSW President and Vice-Chancellor Professor Ian Jacobs said UNSW has had teaching affiliations on the Randwick campus for nearly 60 years.
“UNSW Health Translation Hub will enable us to compete on the global stage,” Professor Jacobs said.
Health Infrastructure will now work with the South Eastern Sydney Local Health District and UNSW to continue consultations with clinicians, researchers and health planners on the development of the new hub. It is expected the building will be completed and functioning within five years.