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Health wins big in Victorian state budget

Nursing Review

Net debt is forecast to grow and hit a record high of $194bn by June 2029, with the states forecast debt of $167.9m will be invested in the states network of Mental Health and Wellbeing Locals, which provides free mental health care without a referral or Medicare card. in 2025-26 sitting at 25.1 per cent of Victorias economy.

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Inflation Reduction Act Imposes Prescription Drug Pricing Reforms

Healthcare Law Insights blog

The Act includes provisions targeting Medicare prescription drug costs, which could have wide-ranging effects for any party involved in the pharmaceutical industry, including drug developers, researchers, manufacturers, distributors, insurance companies, pharmacy associations and consumers. Small Biotech” drugs are also excluded until 2029.