Will the new $219bn health deal reduce hospital wait times? Here's what you need to know

NATIONAL CABINET MEETING

Prime Minister Anthony Albanese (centre) during the press conference following a National Cabinet meeting in Sydney, Friday, January 30, 2026. Source: AAP / BIANCA DE MARCHI/AAPIMAGE

The Federal Government has finalised a landmark $219 billion health agreement with the states in a national cabinet meeting, pledging an additional $25 billion to stabilise public hospitals and cap NDIS growth over the next five years. And while the meeting has been hailed for its reforms, medical experts and state premiers warn that further investment is essential to meet the country's health needs.


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