New Pharmacy Laws Could Entrench Big Players: RACGP

Published on March 27, 2024

New pharmacy laws in Queensland will create barriers for patients seeking more affordable medicine and entrench bigger operators, according to the Royal Australian College of GPs (RACGP). The state government passed the Pharmacy Business Ownership Bill on March 22, which seeks to replace the outdated Pharmacy Business Ownership Act established in 2001. The new law keeps limitations on pharmacy ownership, stipulating that only pharmacists or their close relatives can own or manage them, intending to ensure those in charge of pharmacies have the necessary qualifications and expertise. Notably, pharmacies are one of the few industries where only a pharmacist can own a store, unlike other healthcare businesses. For instance, a pharmacist can own a general practice, but a GP can’t own a pharmacy....

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