We understand the emotions in the industry currently. Many are very concerned about the future of their businesses, given the potential impact of 60 Day dispensing and what we know (so far). Whilst we must continue with our best efforts to advocate to MP’s, we also need to focus some of our attention to your pharmacy as a business.

Labour Treasurer, Jim Chalmers’ has released the 2023-2024 budget, with a focus to relieve cost of living pressures, provide greater access to healthcare and more emphasis on compliance with the ATO. For community pharmacy though, the budget came with much worry and concern for the future of the industry, their patients, their businesses, and their teams.

With 60-Day Dispensing discussions, it's more important than ever to advocate for yourself, your team, and the pharmacy industry. One of the biggest platforms available to you, outside of the four walls of your pharmacy, is social media. So, if you want to make a real impact, it's crucial to use social media as a tool to spread awareness, educate others, and share your message.

For 26 years, I have been a Chartered Accountant and advising community pharmacy owners, and I can't imagine doing anything else! Thirteen years ago, I founded Peak Strategies with a sole focus on community pharmacy, and it has been my passion ever since. I prepare almost 100 business valuations each year for pharmacies across Australia, and I have never been more concerned than I am now. The challenges facing community pharmacies are greater than ever before, and it breaks my heart to see their livelihoods threatened.