Record investment in Australia’s health system.
The Australian Government is investing in Australia’s health system with a total commitment of $537 billion over the next four years.
This record funding will ensure Australians have access to improved healthcare, when and where they need it.
A record $132 billion in 2022–23 and
$140 billion in 2025–26.
A total commitment of $537 billion over the next four years.
This includes:
$7.3 billion increase in Medicare funding.
$9.8 billion increase in Hospital funding.
$10.1 billion increase in Aged Care funding.
$45.5 billion over four years to access more affordable medicines through the Pharmaceutical Benefits Scheme (PBS), and more than $2.4 billion this Budget to add vital new medicines to the PBS
$1.7 billion towards the objectives of the Primary Health Care 10 Year Plan including:
$296.5 million to deliver improvements in regional, rural and remote health as part of the 10-Year Stronger Rural Health Strategy.
$6.8 billion over four years for life-saving and life changing research, informed by the Government’s updated Medical Research Future Fund 10 Year Investment Plan.
$4.2 billion to continue protecting Australians against COVID-19, through supply and access to safe and effective vaccines, treatments and support for our health workforce in primary care, aged care and hospitals.
$4.6 billion over four years to continue to drive improvements in health outcomes for Aboriginal and Torres Strait Islander Australians.
$522 million to deliver the second year of our five-year implementation plan of the once-in-a-generation reform to Australia’s aged care system.
$648.6 million for Stage 2 of the Government’s Mental Health and Suicide Prevention Reform Plan.