Jenny McAllister (NSW, Australian Labor Party, Minister for the National Disability Insurance Scheme) Share this | Hansard source

The Albanese Labor government is delivering even cheaper medicines in our second term. We have successfully passed legislation this week to make sure that a prescription on the Pharmaceutical Benefits Scheme costs no more than $25. As I said in my answer to your primary question, this is a 20 per cent cut in the maximum cost of medicines under the PBS. It will save Australians more than $200 million a year, and pensioners and concession card holders, of course, will have the cost of their PBS medicines frozen at just $7.70 until 2030. You would have to go all the way back to 2004 for medicines this cheap.

No-one should have to choose between medicines they need and putting food on the table. That is why the Albanese government has consistently delivered on our plan to make medicines cheaper—because we know that that's what the real cost of living looks like.