ABC News – Top stories ·general ·50 minutes ago

What's in the federal budget for older Australians?

Australia's federal budget removes age-based private health insurance rebates from April 2027, forcing 3 million older Australians to pay an extra $240 annually. Health Minister Mark Butler said the change promotes "intergenerational equity." The budget also provides $5.9 billion for cheaper PBS medications and makes RSV vaccines free for patients over 75, while restricting negative gearing to new builds.

Summary by Glance · ABC News – Top stories

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