business
World news wrapup: 3 June 2021
New UK data shows pharmacy’s worth; Kiwis worried about discount impact; UK pharmacies to be “decimated” by online competitors UK: More than 1.1 million informal consultations a week – or 58 million …
The tax situation
An update on the state of personal and business taxation in the wake of the Federal Budget, by HLB Mann Judd 1/ Personal Tax Personal tax rates unchanged for 2021–2022 …
Business burden eased
Pharmacy Guild welcomes Budget business relief measures and digital support boost There were a number of measures designed to relieve the regulatory burden on small and medium sized businesses in …
Partnership extended
Amcal and Guardian have announced their commitment to an ongoing partnership with AIA Vitality AIA Vitality is a personalised health and wellbeing program that rewards members for making healthier lifestyle …
CWH in ‘IPO charm offensive’
Chemist Warehouse has reportedly begun courting several fund managers, potentially ready for the biggest float in years “Chemist Warehouse has launched an initial public offering charm offensive,” write Sarah Thompson, …
CWH targeting customers
CWH has expanded its partnership to power its multichannel growth strategy Insider Growth Management Platform has said in a statement that Chemist Warehouse has expanded the partnership between the two …
Profits hit by COVID lockdowns
API has released half-yearly results showing a 29% drop in net profit, with big drops in profit at its two largest CBDs Australian Pharmaceutical Industries has released its results for …
Electronic execution and remote witnessing
What are the latest developments that pharmacists need to know? Stephanie McGrath explains The Electronic Transactions Act 1999 (Cth) permits transactions to occur electronically. However, this legislation does not apply …
A ‘milestone result’ for Sigma
Sigma Healthcare has returned to issuing dividends after it announced a “strong” increase in sales and profit, including to Chemist Warehouse Sigma announced reported earnings before interest, taxes, depreciation, and …
What’s your pharmacy worth?
It’s a question on the lips of any pharmacy owner, so how do you find what your business is really worth? Natalie Sirianni explains For any pharmacy owner, a key …
Pharmacy partnerships: they’re like a marriage
When partnerships work, they’re beautiful, when they don’t, it’s a disaster, says John Thornett. How can you avoid the worst? In pharmacy land there has been some seriously impressive partnerships …
Could CWH be 2021’s ‘hottest’ float?
A step towards an initial public offer of Chemist Warehouse is reportedly on its way Only days after The Australian published rumours that an IPO could be pushed to 2022, …