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.
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.
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.
Ever set off to travel somewhere and did not know where you were going? Have an idea of where you are heading but no clue on how to get there – unless you look at the map. We are currently operating in unprecedented economic times and so the journey of the next twelve months is
It is always difficult in times of uncertainty, with volumes of negative news and headlines, not to question how things impact your business. However, as a Pharmacy owner you’re not alone, particularly when it comes to keeping your pharmacy financially healthy.
The unprecedented collapse of world financial markets along with the destruction of a lot of personal wealth certainly took the wind out of the sails of many in 2008! Continual stories of pending doom and gloom paint a less than positive picture for 2009. What do I think? I am taking a positive view and
2009 has started with disturbing news of higher unemployment, brought on by the turbulence in the financial markets and downturns in sectors like tourism, construction, and the motor trade. The good news for the pharmacy sector is that consumers will still need to meet their health needs. Also, reduced interest rates will provide opportunities for
Australian workers are entitled to receive statement of earnings for each pay period in the form of a payslip. A payslip provides employees with a convenient summary of earnings for each pay period and can also detail information such as leave and Rostered Day Off entitlements. Payroll administration including the production of payslips, is a
Rewind 140 years or so to find that in 1863 the world’s first commercial franchise was granted by Singer Sewing Machine Company, which allowed franchise owners to sell products using the Singer name. Although franchising subsequently expanded into the automobile and fuel industries in the USA, it wasn’t until the late 1960s that the seeds
Small business operators will be burdened with additional administrative challenges if not prepared for the new Quarterly Superannuation Guarantee which takes effect on 1 July 2003, cautioned Scott Doyle, Managing Director of ADP Employer Services. The new legislation requires as a minimum, quarterly payment of employee superannuation as well as written notification to each employee