In a significant move for public healthcare in Australia, the federal government’s budget allocates a total of $33.9 billion for state-run public hospitals in the 2025-26 financial year. This marked investment is part of a broader strategy to enhance the healthcare system, including the establishment of 50 new Medicare Urgent Care Clinics nationwide.
The budget also sets aside $7.9 billion to bolster Medicare services, notably aimed at expanding bulk-billing capabilities. This initiative is expected to allow millions of Australians to access their local General Practitioners (GPs) at no cost. By November 1, 2025, the eligibility for bulk-billing incentives will be broadened, which the government estimates will keep 90% of doctor visits free of charge. Treasurer Jim Chalmers highlighted that with these incentives, approximately 4,800 medical practices across Australia will operate under a fully bulk billing model.
Additionally, the plan anticipates a collective saving of $859 million in bulk billing fees for Australians by 2030. Complementing this, the government has committed $784.6 million to enhance the Pharmaceutical Benefits Scheme (PBS), making essential medicines more accessible. With $18 million dedicated to this cause, the government aims to ensure that no medication on the PBS exceeds $25, which could save families with multiple prescriptions around $316 annually.
Further, the PBS will list two new medications, including Spravato for depression and Epkinly for certain cancer patients, by May 1. Women’s health will see a notable boost as well, with a $792.9 million allocation dedicated to improving services, including the establishment of 11 new clinics for endometriosis and pelvic pain, and introducing a Medicare rebate for menopause health assessments. Additionally, three new menopause treatments are being added to the PBS for the first time in two decades.
The federal government emphasises that women’s health is a key priority, rather than a niche concern. Overall, healthcare spending is projected to reach $124.8 billion for the coming financial year, reflecting a steadfast commitment to enhancing the public health landscape in Australia.