A Shorten government would give $24 million to continue CanTeen's Youth Cancer Services program and would also create a $20 million Children's Cancer Endowment Fund to support research, Opposition Leader Bill Shorten and shadow health minister Catherine King said in a joint statement on Sunday.

The endowment fund would include $10 million from the government and $10 million from the Children's Cancer Foundation, and would fund research projects in children's cancer.

"At least 1700 Australian children and young people are diagnosed with cancer each year. And tragically, cancer kills more children than any other disease," the statement said.

"Children and families who are battling this insidious disease deserve the best possible care and support."

CanTeen's Youth Cancer Services was set up by Labor in 2012 to help young patients connect with specialists and support services, but the coalition government is set to end its funding next year.

As well as extending the CanTeen program, Labor's package includes $3.7 million for Camp Quality so the organisation can continue working with cancer co-ordinators in hospitals who support children and their parents.

"This is another part of Labor's $2.3 billion Medicare Cancer Plan - the most important investment in Medicare since it was created by Bob Hawke," Mr Shorten and Ms King's statement said.

"Our Medicare Cancer Plan will deliver cheaper cancer scans, cheaper cancer specialist consultations and cheaper cancer medicines."

Australian Associated Press