Pharmaceutical Ahead of the September 7 elections, Australian Coalition Senators have issued a statement acknowledging the many strengths of Australia's existing Pharmaceutical Benefits Scheme (PBS). Overall the PBS delivers to the Australian community a wide range of both older and newer prescription medicines in a way that offers patients a high degree of confidence that they are of high quality, safe and compared to the cost of medicines in some other countries, reasonably priced, they said. 22 August 2013