Australians with type one diabetes will soon have free access to a new glucose monitoring system through a $300 million Morrison government initiative.

The FreeStyle Libre glucose monitoring device measures glucose levels without the use of lancets, test strips and blood.

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The government’s Continuous Glucose Monitoring system will provide fully subsidised products from March 1, 2020 and help 58,000 Australians, Health Minister Greg Hunt said in a statement on Sunday.

“Without government subsidy, these Australians would normally pay $92.50 every two weeks for the FreeStyle Libre flash glucose monitoring system - over $2,400 per year,” Mr Hunt said.

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But Labor health spokesman Chris Bowen said the subsidy is being introduced a year later than promised.

He said it comes only after a massive community campaign by Australians with type one diabetes and the opposition, including the tabling of a petition of 214,000 signatures in parliament.

“Greg Hunt should apologise to Australians with type one diabetes for the delay,” Mr Bowen said in a statement.