ACN Business

Medicare starts a long road to cutting prices for drugs, starting with 10 costing it $50.5 billion annually – a health policy analyst explains why negotiations are promising but will take years

Written by Simon F. Haeder, Associate Professor of Public Health, Texas A&M University

Americans pay far more for prescription drugs compared with people in other high-income countries. Willie B. Thomas/Digital Vision via Getty Images

The Biden administration released on Aug. 29, 2023, a list of the first 10 drugs that will be up for negotiations with pharmaceutical companies over their Medicare prices.

The drugs are purchased through...

Brennan completes CBR Cyber integration as demand for onshore, SOC services soars
Brennan has onboarded six new Security Operations Centre (SOC) customers in the first quarter of the year (Q1 2026) as dema…
Future-Proofing Your Business with Flexible Content Infrastructure
The pace of digital change continues to accelerate, reshaping how businesses engage with customers, deliver products, and s…
Why cash has made an unexpected comeback in Australia: new study
After two decades of declining cash use, Australians are handing over more banknotes and coins for regular purchases again, a…
The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?
The Reserve Bank of Australia (RBA) will look at the latest unemployment figures – 4.3%, roughly 650,000 people out of …
Here’s how using more recycled plastic could ease the pain of oil shocks
As the crisis in the Middle East continues, much of the public focus has been on fuel prices and the cost of living. But ther…
Why Melbourne council workers are escalating from skipping bins to a full strike
Lighthousebay/GettyHave you ever gone out to bring in your wheelie bin after collection day only to find it still full? That …

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Perth's Southern Suburbs Are Running Their Own Race
New data shows Cockburn up 18.7%, Melville through $1.47 million, and Perth listings still near historic lows. This is not the national story. The national conversation about property right now is…

The Best AI Form Builders: A Balanced Guide to Smarter Data Collection
It feels like we hear about a new must-have AI tool daily. And with a crowded market full of innovative tools, choosing the right AI form builder can be overwhelming…
Advanced Security Technologies for Modern Businesses
In today's business world, things are constantly changing, and organisations must prioritise physical security to thrive and last. From protecting valuable assets to safeguarding employees and customers, businesses must stay…
Banning debit card surcharges could save $500 million a year – if traders don’t claw back the money in other…
Galdric PS/ShutterstockIn a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions.This plan, pending…

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

Medicare starts a long road to cutting prices for drugs, starting with 10 costing it $50.5 billion annually – a health policy analyst explains why negotiations are promising but will take years

Brennan completes CBR Cyber integration as demand for onshore, SOC services soars

Future-Proofing Your Business with Flexible Content Infrastructure

Why cash has made an unexpected comeback in Australia: new study

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?

Here’s how using more recycled plastic could ease the pain of oil shocks

Why Melbourne council workers are escalating from skipping bins to a full strike

Traditions of Rural Bali at Villa Sabana

Perth's Southern Suburbs Are Running Their Own Race

The Best AI Form Builders: A Balanced Guide to Smarter Data Collection

Advanced Security Technologies for Modern Businesses

Banning debit card surcharges could save $500 million a year – if traders don’t claw back the money in other…

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

Work-life Balance Key to Solving Construction Talent Shortage

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers