Prime Minister Anthony Albanese has said Australia’s Pharmaceutical Benefits Scheme is "not up for negotiation.” ...

For Australia, the implications are serious and deeply geopolitical. Why the PBS exists and why it works Australia’s Pharmaceutical Benefits Scheme (PBS) is a national monopsony: a single ...

The PBS provides Australians with subsidised medicines ... negotiations with each drug company over the price they will charge in Australia. These price negotiations often involve confidential ...

The growing number of Australians with obesity is causing economic damage but should the taxpayer fund weight-loss drugs?

The federal government is slowly moving on a review of the system, but Australia’s peak medicines industry group also says changes to the Pharmaceutical Benefits Scheme (PBS) are overdue ...