Prime Minister Scott Morrison has made a $ 10 promise to millions of Australians as they try to ease the cost of living pressures.
Prime Minister Scott Morrison will cut the price of medicines on the PBS will ease the cost of living pressures.
If elected, the Coalition will spend $ 150 million to drop the maximum price of medication to $ 32.50 from next year.
Mr Morrison said the measure would help Australians deal with the “additional pressures” and the rising cost of living.
“I do understand that Australians are facing the cost of living pressures. I do understand that there is rising pressure on interest rates, ”Mr Morrison told Reporters in Tasmania on Saturday.
“There are many things you can’t control. You can’t control the war in Europe, you can’t control whether there’s a Pandemic or not.
“All of these things are affecting the prices Australians are paying every day.”
Mr Morrison expects the “permanent change” to benefit up to 19 million Australians each year, meaning Australians who only take one medication a year could still save $ 120 annually.
The pledge was Accidentally announced by two Ministers as part of the budget last month, but they quickly asked for it to be Struck from the official record on Hansard.
When asked why this measure is an election promise rather than being included in the last month’s budget, the Prime Minister received temporary and immediate measures to tackle the cost of living were put in the budget, while this is a longer-term change.
“What is the next step. Those temporary measures provide a transition to other longer-term measures and this is a longer-term measure. This is an ongoing measure and this is a very significant change, ”they said.
When further pressed on the issue, Mr Morrison said including Promises like this in their mid-year statement is a “fairly common way” they have done their budgets.
“Normally we would make an announcement like that later in the year,” they said
‘But we’re going into an election … so people need to know what we plan to do. So we’re being very upfront. ”
The news was welcomed by Trent Twomey, president of the Pharmacy Guild of Australia, who said he usually comes across people who have to delay, defer or go without their prescribed medicine.
“Essential medicines are something you can’t choose to go without in a week or take half the prescribed dose of,” he said.
“What does this does help our patients paycheck to paycheck at the cash register. So Brad (the owner of the pharmacy where the press conference was held) and I can stop having those awkward conversations about which one (prescribed medication) is less important than the other. ”
Mr Twomey described the announcement as a “first” in the pharmaceutical benefits schemes 70-year history.
“This is the only time medicines have gone in a different direction other than up,” he said.
The election promise would cost the federal government $ 150 million a year.