22 May 2016 - Labor is promising to keep the cost of prescription medicines down by officially ditching the Coalition's "medicine tax".

Opposition Leader Bill Shorten will seek to keep the election campaign focus on health policy on Sunday by pledging not to increase Pharmaceutical Benefits Scheme copayments beyond regular indexation.

The promise will cost the federal budget $971 million over the next four years and $3.6 billion over the decade, according to costings Labor has obtained from the independent Parliamentary Budget Office.

For more details, go to: http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-bill-shortens-1b-promise-to-keep-medicine-costs-down-20160521-gp0l9n.html