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Weight loss medication

Weight Loss Medication in Australia

Australia has 6 TGA-approved medications for weight management. The landscape is shifting fast: Wegovy launched in August 2024, the PBAC recommended PBS listing in January 2026 (price negotiations underway), compounded GLP-1 replicas were banned from October 2024, and Saxenda was discontinued in December 2025.

6
TGA Approved. weight management drugs
66%
Obesity Rate. AU adults overweight or obese
~500K
GLP-1 Users. Australians using GLP-1 medications
$50-$460
Monthly Cost. AUD private prescription range
15
Comparisons. head-to-head pages

Average weight loss in trials

% body weight
  1. Mounjaro 15mg21%
  2. Wegovy 2.4mg16%
  3. Ozempic15%
  4. Saxenda8%
  5. Contrave6%
  6. Orlistat4%

Highest approved dose in pivotal trials. Individual results vary.

All six medications

Approved Australian Weight Loss Medications

Efficacy Comparison

Average body weight reduction from clinical trials at highest approved dose

Clinical trial data at highest approved doses. Individual results vary. Ozempic figures from STEP trials at higher semaglutide doses.

Australian Monthly Cost

Private/out-of-pocket monthly cost in AUD

Ozempic PBS subsidised price for diabetes is $31.60. Saxenda omitted (discontinued). Wegovy PBS listing pending. PBS price if listed: $25/script ($7.70 concession).

Side by side

Compare Weight Loss Medications

Every medication currently supplied in Australia, side by side. Open a name for the full guide.

Ozempic
Semaglutide 0.25-1mg
Yes (diabetes only)
~15%
Avg. weight loss
$32–134/ month
$32 PBS / $134 private
Drug class
GLP-1 receptor agonist
How taken
Weekly injection
First approved
2017 (FDA), 2019 (TGA)
Prescription needed?
Yes
AU supply status
Constrained (improving)
Ozempic guide
Wegovy
Semaglutide 0.25-2.4mg
Pending (Jan 2026 rec.)
~15-17%
Avg. weight loss
$350–460/ month
$350-460 private
Drug class
GLP-1 receptor agonist
How taken
Weekly injection (oral pill in US only)
First approved
2021 (FDA), 2024 (TGA)
Prescription needed?
Yes
AU supply status
Stable
Wegovy guide
Mounjaro
Tirzepatide 2.5-15mg
No
~21%
Avg. weight loss
$395/ month
From $395 private
Drug class
Dual GIP/GLP-1 receptor agonist
How taken
Weekly injection
First approved
2022 (FDA), 2023 (TGA)
Prescription needed?
Yes
AU supply status
Stable
Mounjaro guide
Contrave
Naltrexone/Bupropion ER
No
~5-8%
Avg. weight loss
$150–200/ month
$150-200 private
Drug class
Opioid antagonist + NDRI combination
How taken
Daily oral tablets
First approved
2014 (FDA), 2019 (TGA)
Prescription needed?
Yes
AU supply status
No issues
Contrave guide
Orlistat
Orlistat 60mg (OTC) / 120mg (Rx)
No
~3-5%
Avg. weight loss
$50–80/ month
$50-80 (OTC available)
Drug class
Lipase inhibitor
How taken
Oral capsule with meals (up to 3x daily)
First approved
1999 (FDA), 2000 (TGA)
Prescription needed?
OTC (60mg) / Rx (120mg)
AU supply status
Widely available
Orlistat guide

Costs are indicative and vary by dose, pharmacy and PBS eligibility. Saxenda is not shown because it was discontinued in December 2025.

15 pages

Head-to-Head Comparisons

Detailed side-by-side comparison pages for each medication pair.

What changed

Australian Regulatory Context

Compounding Ban (Oct 2024)

Pharmacies can no longer compound replicas of GLP-1 drugs (Ozempic, Mounjaro). Previously, unregulated compounded versions were widely available but linked to safety concerns, contamination, and inconsistent dosing. Banned from 1 October 2024 under changes to the Therapeutic Goods Act.

Off-label Restrictions

Ozempic is NOT approved for weight loss in Australia. Since October 2024, new off-label private prescriptions for weight loss are heavily restricted. Existing patients on off-label scripts can continue.

Wegovy PBS Listing (Pending)

In January 2026, the PBAC recommended Wegovy be subsidised for adults with BMI ≥35 (≥32.5 for Asian, Aboriginal, Torres Strait Islander populations) and established cardiovascular disease (prior heart attack, stroke, or symptomatic peripheral arterial disease). Price negotiations with Novo Nordisk are underway. If listed, cost drops to $25/script ($7.70 concession).

Saxenda Discontinued (Dec 2025)

Novo Nordisk discontinued Saxenda (liraglutide) in Australia, shifting manufacturing to the more effective Wegovy (semaglutide).

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This website is for informational and research purposes only.

We are not medical professionals and nothing on this page constitutes medical advice, diagnosis, or treatment. Always consult a qualified doctor or specialist before making any decisions about medication.

The weight loss medication landscape in Australia is changing rapidly. Information on this page may become outdated without notice. Data sourced from the TGA, FDA, MHRA, NICE, PBAC, Australian Prescriber, Obesity Evidence Hub, and clinical trial publications. Last reviewed March 2026.