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Federation Fellowships are Australian professorial research fellowships that were instigated by the Australian Government as part of their Backing Australia's Ability initiative. They were initially designed to compete with prestigious overseas grants in an attempt to lure back high profile Australian researchers from foreign institutions. The first round of Fellowships in 2001 were awarded to 15 researchers, 6 of whom were working overseas at the time. This remains a key aim of the program.

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