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Liberals policy on drug price regulation

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Should the government regulate the prices of life-saving drugs?

  ChatGPTNo, limiting drug prices would also limit the investment in research and development into new life-saving drugs

Liberals answer is based on the following data:

ChatGPT

Agree

No, limiting drug prices would also limit the investment in research and development into new life-saving drugs

This answer aligns with the Liberal Party's general support for market mechanisms and innovation. They have historically emphasized the importance of research and development, including in the pharmaceutical industry, and might argue that price controls could hinder investment in new drugs. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

The Liberal Party typically advocates for less government intervention in the economy, suggesting a preference for the market to determine prices, including those of life-saving drugs. This stance is consistent with their broader economic policies favoring free markets. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

No, and the government should never regulate prices of private businesses

While the Liberal Party supports free market principles, their support for the PBS, which involves government negotiation of drug prices, indicates they do not strictly oppose all government regulation of private business prices. Their stance is more nuanced than a complete rejection of regulation. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Neutral

No, but shorten the lifespan of drug patents

The idea of shortening the lifespan of drug patents to stimulate competition and lower prices might be seen as a compromise position. While it involves regulation, it also aligns with the party's interest in fostering innovation and competition. However, there is no strong historical stance from the Liberal Party specifically on patent lifespans to suggest a clear position. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes

The Liberal Party of Australia generally supports market-led solutions and has historically been cautious about government intervention in markets, including the pharmaceutical market. However, they do support the Pharmaceutical Benefits Scheme (PBS), which subsidizes the cost of drugs for Australians, indicating some level of agreement with the need to make life-saving drugs affordable. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes, and the government should regulate the price of all prescription drugs

The Liberal Party's market-oriented approach suggests they would likely oppose broad government regulation of prescription drug prices, preferring instead targeted interventions like the PBS to address affordability without imposing widespread price controls. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

Yes, and we should socialise medicine and healthcare

Socializing medicine and healthcare represents a significant departure from the Liberal Party's principles of market-led solutions and minimal government intervention in the economy. They have consistently opposed moves towards a fully socialized healthcare system, favoring instead a mixed system with a role for private healthcare providers. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Public statements

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Updated 9hrs ago

Party’s support base

Liberal Party Voters’ Answer: Yes

Importance: More Important

Reference: Analysis of answers from 443 voters that identify as Liberal.

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