Feeling the squeeze: ‘overcooked’ rents crisis rolls on

Between PBS reforms, wage costs, a downturn in retail and high-cost new drugs, pharmacies are being squeezed more than ever… but do landlords understand or care? Megan Haggan investigates Rents in retail are “overcooked,” says Phillip Chapman, director of Brisbane-based Lease1 and co-author of the Pharmacy Rental Report 2016 update. Pharmacy has its own pressures