31/12/2025
From tomorrow,, the maximum cost for most PBS medicines in Australia will drop from $31.60 to $25 for general patients, with new listings also making treatments for cancer, menopause, endometriosis, arthritis, and eye conditions cheaper, while concession cardholders' $7.70 co-payment remains frozen until 2030. This is part of the government's "Cheaper Medicines" initiative, building on earlier cuts and 60-day prescriptions, to reduce the cost of living.