About $25 PBS medicines

On 1 January 2026, the Albanese Government lowered the maximum out-of-pocket cost of PBS medicines from $31.60 to $25 — the lowest price since 2004. And for concession card holders, the annual CPI increase is frozen until 2029. This means that there was no increase to the $7.70 co-payment concession card holders currently pay.

This was only the second time the price of PBS medicines had been reduced. The first price drop happened in 2023, when the Government lowered the maximum out-of pocket cost from $42.50 to $30.

If it weren’t for the price drops, you would be paying over $50 for each of your PBS medicines.

When the price of medicines went down, it helped Australians eliminate the tough choices between medicines and other essentials, like food, rent, and fuel. But now, life is getting more expensive again — your medicines shouldn’t. Help us keep the freeze on $25 scripts.

Keep the freeze

Life is getting more expensive. Your medicines shouldn’t. Sign the petition and share your story to show the Government you want to keep the freeze on $25 PBS medicines.

Whether it’s fewer tough choices or better access to essential treatment, your story will make a difference.

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People across Australia want to keep the freeze

Why this matters

$25 PBS medicines are a win for Australians

As of August 2026, Australians have saved over $130M on their healthcare costs thanks to more affordable PBS medicines, helping them better afford life essentials such as groceries, rent and fuel.

In a world filled with rising costs, keeping the freeze on $25 PBS medicines offers peace of mind. It means walking into your local community pharmacy knowing the price is lower than it used to be.