What you need to know about the 2016 Budget
Pharmacy groups under the Medicines Partnership of Australia (MPS) have broadly welcomed the “predictability and certainty” of what it says is a “no surprises” budget.
Here are some of the key points:
- No changes to PBS policy;
- Nominal expenditure on PBS to increase by 3.4% but real-term expenditure is expected to decrease though price disclosure and other reforms;
- The TGA will speed up decisions thanks to