Millions of Australians are now paying less for the medicines they rely on every day.

Labor has added close to 500 new medicines to the Pharmaceutical Benefits Scheme (PBS), bringing them down to just $25 a script or $7.70 for concession card holders.

This includes life changing medicine to treat breast cancer, endometriosis, and menopause.

Labor's helped Australians save more than $2.6 billion with cheaper medicines because getting the best healthcare should never depend on your bank balance.