Australian Coat of Arms

 

PB 71 of 2025

National Health (Weighted average disclosed price – October 2025 reduction day) Determination 2025

National Health Act 1953

I, REBECCA RICHARDSON, as delegate of the Minister for Health and Ageing, make this determination under subsection 99ADB(4) and paragraph 99ADH(1)(aa) of the National Health Act 1953.

Dated          26 June 2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

REBECCA RICHARDSON

Assistant Secretary

Pricing and PBS Policy Branch

Technology Assessment and Access Division, Health Resourcing Group

Department of Health, Disability and Ageing

Contents

1 Name...................................................................3

2 Commencement............................................................3

3 Repeal..................................................................3

4 Authority................................................................3

5 Definitions...............................................................3

Part 1 – Brands of pharmaceutical items with a weighted average disclosed price; adjusted approved ex-manufacturer price and reduction day......4

6 Weighted average disclosed price for brands of pharmaceutical items in Schedule 1 .................4

7 Adjusted approved ex-manufacturer price for brands of pharmaceutical items.....................4

8 Reduction Day.............................................................4

Part 2 – Brands of pharmaceutical items with a weighted average disclosed price.....4

9 Weighted average disclosed price for brands of pharmaceutical items in Schedule 2..................4

Schedule 1 – Brands of pharmaceutical items with a weighted average disclosed price; adjusted approved ex-manufacturer price and reduction day

Schedule 2 – Brands of pharmaceutical items with a weighted average disclosed price and no reduction day

 

 


  1.     This instrument is the National Health (Weighted average disclosed price – October 2025 reduction day) Determination 2025.
  2.     This instrument may also be cited as PB 71 of 2025.

 

  1.     Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

The day after this instrument is registered.

 

  1.      Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

 

The National Health (Weighted average disclosed price – April 2025 reduction day) Determination 2024 (PB 146 of 2024) is repealed.

 

This instrument is made under subsection 99ADB(4) and paragraph 99ADH(1)(aa) of the National Health Act 1953.

 

Note: A number of expressions used in this instrument are defined in section 99ADB of the Act, including the following:

(a) adjusted approved ex-manufacturer price;

(b) data collection period

(c) unadjusted price reduction;

(d) weighted average disclosed price.

 

In this instrument:

 

Act means the National Health Act 1953.

 


Part 1 – Brands of pharmaceutical items with a weighted average disclosed price; adjusted approved ex-manufacturer price and reduction day

 

 

(a) For subsection 99ADB(4) of the Act, the weighted average disclosed price of a brand of pharmaceutical item specified in column 2 of an item in the table to Schedule 1 is the amount specified in column 3 of that table item. 

 

(b) Subsection (a) applies in respect of a data collection period for a brand of pharmaceutical item ending on 31 March 2025.

 

Note: Paragraph 99ADH(1)(a) of the Act applies if, under section 99ADB, the Minister determines the weighted average disclosed price of a brand of a pharmaceutical item in respect of a data collection period for the brand.

 

 

The adjusted approved ex-manufacturer price of a brand of pharmaceutical item specified in column 2 of the table to Schedule 1 is the amount equal to the amount of the weighted average disclosed price of that brand of pharmaceutical item determined under section 6 of this instrument.

 

Note: Subsection 99ADB(7) of the Act provides that a determination made under subsection 99ADB(4) in relation to a brand of pharmaceutical item may include the adjusted approved ex-manufacturer price of the brand of pharmaceutical item.

 

 

For paragraph 99ADH(1)(aa) of the Act, a brand of pharmaceutical item specified in column 2 of an item in the table to Schedule 1 has a reduction day of 1 October 2025.

 

Part 2 – Brands of pharmaceutical items with a weighted average disclosed price

 

 

(a) For subsection 99ADB(4) of the Act, the weighted average disclosed price of a brand of pharmaceutical item specified in column 2 of an item in the table to Schedule 2 is the amount specified in column 3 of that table item.

 

(b) Subsection (a) applies in respect of a data collection period for a brand of pharmaceutical item ending on 31 March 2025.

 

Note:  This instrument does not determine a reduction day for paragraph 99ADH(1)(aa) of the Act for a brand.