ACN Business

What are pharmacy benefit managers? A health economist explains how lack of competition drives up drug prices for everyone

Written by James B. Rebitzer, Wexler Professor of Management, Economics and Public Policy, Boston University

PBMs control which drugs insurers cover, for how much and for whom.cagkansayin/iStock via Getty Images Plus

Wegovy and Ozempic are weight loss drugs that promise to transform the treatment of obesity, heart disease and other chronic conditions that afflict millions of Americans. But while everyone agrees these drugs have the potential to transform...

Indigenous Australians are crucial to hitting our 2035 climate targets. That transition has to be fairer
If we act now and move with common purpose, then we can do more than just guard against the very worst. We can protect our en…
A $100 million fine for ‘appalling’ predatory sales practices caps a horror week for Optus
A Federal Court judge on Wednesday ordered Optus to pay a A$100 million fine for its “appalling” high-pressure sa…
Should the Optus chief quit? These 5 fixes would do far more to stop another 000 failure
Lisa Maree Williams/Getty ImagesAsked today whether Optus’s chief executive should be considering his future after the …
How IT Services and IT Procurement Drive Business Success in the Digital Age
In today’s fast-paced and technology-driven world, businesses cannot thrive without strong digital infrastructure. From com…
New research shows Black Summer’s megafires left lasting scars far beyond property damage
Beginning in the second half of 2019, what we now know as the Black Summer fires began devastating eastern Australia. Thousan…
Expressing strong opinions can put your job at risk. Clearer laws would help
Tracey Nearmy/Getty ImagesWithin days of American conservative Charlie Kirk’s assassination, people posting on social m…

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…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

A Comprehensive Guide to Choosing the Right Production Service for Your Business
Hiring video production services is a great way to create high-quality videos for businesses and organizations. Whether you need a promotional video, training content, or engaging material for your website…
Vital Signs. Might straight down the middle be the source of our economic success?
Australian roads are straight, as has been the trajectory of our economic policy for more than 30 years.ShutterstockWhat do a billionaire, a former vice president, and a US democratic socialist…
Why we should worry less about retirement
It’s conventional wisdom that Australians don’t save enough for retirement. Most workers themselves think[1] they won’t have enough to retire on, and their concerns are rising[2]. But the conventional wisdom is…

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...