It is estimated that Australia is home to more than 1 million species, less than 15% of which have been described. No estimate is given for parasites, but brief speculation on the potential is presented. The Commonwealth Government has a clear role in funding biosystematic research in Australia in support of its Natural Heritage Trust programmes, the National Biodiversity Strategy and its responsibilities under the Biodiversity Convention, and in order to maintain adequate taxonomic capacity. As a Government programme of Environment Australia, the Australian Biological Resources Study has disbursed around A$12 million towards taxonomic and biogeographic research on animals and Protozoa. Approximately 10% of this amount has gone towards parasitology. With funding for the Study being in a somewhat parlous state, it is argued that priorities for research funding need to focus clearly on issues of national significance as expressed in Government policies, strategies and environment programmes. In addition to scientific merit, research questions and projected outputs in project applications for funding should be justified in terms of meeting the needs of end users in conservation management, primary industry, and the wider biological research community.