http://pharmacysolutions.com.au daily 1 2009-02-27T06:18:04Z http://pharmacysolutions.com.au/news/the-shifting-space-of-pharmacy By now you will have started receiving your PBS reimbursement minus the on-line fee. Most of you will not have felt the decrease because the opportunity of substituting generics in the dispensary continues to support the net profit. No publisher admin ##FRONTPAGE## 2010-07-27T01:03:02Z News Item http://pharmacysolutions.com.au/news/unfair-dismissal-claims-under-fair-work The referral by the States of their industrial relations powers to the Commonwealth, earlier this year, means for pharmacy that the employer/employee relationship in most if not all cases is governed by the Commonwealth Fair Work Act 2009 and the Pharmacy Industrial Award 2010. No publisher admin ##FRONTPAGE## 2010-05-07T02:24:03Z News Item http://pharmacysolutions.com.au/news/information-technology-hardware-making-the-right-decision The role of Information Technology (IT) in the operation of Community Pharmacy during the last decade has moved from "important" to "central". No publisher admin 2010-07-27T00:54:57Z News Item http://pharmacysolutions.com.au/news/what-do-new-cars-and-pharmacy-franchises-have-in-common-1 When I recently raised this question with a colleague, he initially looked at me strangely and wondered whether I had "lost my marbles". I re-assured him that I was fine and that my question was indeed a serious one. No publisher admin ##FRONTPAGE## 2010-04-13T01:42:47Z News Item http://pharmacysolutions.com.au/news/tax-is-an-outcome-plan-for-it-1 Following on from my last article when I was referring to the current trading conditions, it is apparent that the economy and general trading conditions in pharmacy are not as buoyant as previous years. Add to this the announced cuts to income in the 5th Agreement and the future reductions in income flowing from the WADP mechanism and I think it would be fair to say that we live in interesting times. No publisher admin 2010-05-07T01:17:59Z News Item http://pharmacysolutions.com.au/news/what-is-a-right-of-entry-document-why-can-it-cause-problems-in-the-sale-of-a-retail-pharmacy-business Most Retail Pharmacies in Australia have the right to occupy and operate from the leased premises pursuant to a Lease document. When a purchaser enters into a contract to purchase a retail pharmacy business they are required to either accept an assignment of an existing lease or negotiate and sign a new Lease with the Landlord. No publisher Woolf Lawyers 2010-04-13T01:39:35Z News Item http://pharmacysolutions.com.au/news/beware-the-sting-in-the-recovery For many retailers, 2009 was a difficult year, with deep discounting and sluggish or patchy sales. Yet pharmacists performed better than most, enjoying better growth than just about everyone else, with the exception of takeaway food shops and liquor stores. Better still, conditions look set to improve in 2010, although the recovery could hold a few hidden surprises for the unwary. No publisher Commonwealth Bank of Australia 2010-04-13T01:40:27Z News Item http://pharmacysolutions.com.au/news/methasoft-treatment-management-system The Methasoft™ solution is a complete suite of software and hardware designed to provide pharmacists with a safe, quick and efficient turnkey dispensing package. No publisher admin 2010-03-05T06:06:34Z News Item http://pharmacysolutions.com.au/news/were-you-on-the-201cnet201d-this-christmas How was your Christmas 2009 trade? For many clients I have spoken to it has been flat and some are down about 5% to 10% on same month last year. The main reasons of course are the recent consecutive interest rate rises and no Federal Government funding this year for the general public compared to last December. Nevertheless the greater public are still spending. No publisher admin 2010-05-07T01:16:51Z News Item http://pharmacysolutions.com.au/news/business-ownership-succession-strategies Whenever speaking to a pharmacist who is either already in, or about to join, a pharmacy partnership, I always ask whether they have thought about their business succession strategy. For the reader who is in a pharmacy partnership, a key question to consider is “what is going to happen if you die at your dispensary”. No publisher admin 2010-03-05T06:06:00Z News Item http://pharmacysolutions.com.au/news/how-important-is-my-lease-to-the-sale-of-my-pharmacy Nearly all Pharmacy businesses operate under a Lease and throughout Australia those Leases are predominately if not always Retail Shop Leases which are governed by various State based legislative Retail Shop Lease Acts. No publisher admin 2010-02-03T04:27:50Z News Item http://pharmacysolutions.com.au/news/investment-options-outside-the-pharmacy Pharmacists looking to achieve investment goals sooner during the new financial year should take advantage of opportunities for Self Managed Super Fund (SMSF) investment outside the Pharmacy. Accelerating your wealth sooner by making the most of changes to Australia’s superannuation laws is a good first step. No publisher admin 2010-02-03T04:28:11Z News Item http://pharmacysolutions.com.au/news/structuring-2013-still-worth-it With the top marginal rate of individual tax starting at $180,000 of income you have to ask whether structuring your pharmacy into a company or trust (depending on which State the pharmacy operates in) it still worth it? No publisher admin 2009-08-26T04:26:27Z News Item http://pharmacysolutions.com.au/news/methasoft-methadone-dispensing-system Health administrations nationally are increasingly seeking to integrate recovering addiction patients back into the community. Retail Pharmacy can and does play an important role in addiction care programs that provide treatment and support in achieving better outcomes for individuals involved in opiate substitution therapy. No publisher admin 2009-08-26T04:26:58Z News Item http://pharmacysolutions.com.au/news/pharmacy-location-rule-changes The Minister for Health and Ageing has amended the National Health (Australian Community Pharmacy Authority Rules) Determination (“The Rules”). The Determination was made in February and came into effect on the 17th March 2009 and applies to all applications made to the Australian Community Pharmacy Authority (“ACPA”) on or after that date. No publisher admin 2009-08-02T23:05:01Z News Item