Australian Labor Party
Health
Cap the cost of a PBS prescription at $25 (down from $31.60) from 1 January 2026. Concession card holders stay at $7.70.
The commitment in plain words, not a quote.
Delivered
The lower co-payment applies from 1 January 2026.
Reported in
Source: A cheat sheet of the policies Australians are being promised on election day (22 Apr 2025, updated 3 May 2025)
SBS News · checked 14 Oct 2026
Evidence for the status
Source: PBS co-payments
Department of Health · checked 14 Oct 2026
How Parliament voted
National Health Amendment (Cheaper Medicines) Bill 2025
5 recorded votes, with how each party voted
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