The University of Melbourne John Masefield Prize is held biannually. This prize, worth approximately $110, is awarded for the best original poem in English of not more than 50 lines, on a subject prescribed by the Academic Board.
(https://scholarships.unimelb.edu.au/awards/john-masefield-prize#:~:targetText=John%20Masefield%20Prize,next%20be%20awarded%20in%202020.)