Alright, let's take a look at some VTAC Selection data!
This shows that there is 42 UoM BBioMed Scholars'

This shows that there is 388 BBioMed (let's not count Non-Y12)

However, we shall also take a look at the 3rd Last column. You can't see it here, but it says "2012 Round 1 % of Offers Below Clearly-in ATAR". This means that 56% of UoM BBioMed students had an ATAR below 99.00.
Now, let's assume the best case scenario for UoM BBioMed. Let's assume that of the 42 in Chancellor's, 21 got 99.95 and 21 got 99.90. We shall also assume that 44% of those in the normal program have 99.85 and the rest have 98.95. Agree that this is an ideal situation? Ok, let's work out the averages.
Mean = 99.40
Median = 98.95
Now, how about we move over to La Trobe Dentistry

A very high percentage of them got above the clearly in of 98.40. That means that no matter how you look at it, the median will be around 98.95 or greater, unless there was a strong concentration at the 98.40 - 98.95 mark. Furthermore, we used the best case scenario for UoM BBioMed.
Therefore, La Trobe Dentistry > UoM BBioMed.
QED
Now, let's move onto the issue of Monash Med.
Why would you want to do a BBioMed (Non-Chancellor's) if you got into MBBS at Monash?
The probability of you getting into the MD is ridiculously low. There are 255 CSP places. Around 55 of them will be taken by BSc + BBioMed (Chancellor's) students. So 200 places. 388 BBioMed + x BSc + Other Uni Undegrads? Pr(MD|BBioMed) < 0.5
QED
Last point, what is with you and being obsessed with the UoM MD program? What is this World Class business? What is World Class? Is that even correct and technical terminology? Who says Monash students can't practice overseas?
QED