THE Federal Government has introduced legislation to Parliament this week to reduce the cost of PBS prescriptions.

The policy, announced earlier this year (PD 20 Mar), will see the co-payment for PBS prescriptions reduced to a maximum of $25 from 01 Jan 2026, down from $31.60.

“This is great news for the 20 million Australians without a concession card, who will save a combined $689 million in the next four years,” said Guild National President, Professor Trent Twomey.

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