Attain Blog: (Page 2)
Issues Related to Buying & Selling a Pharmacy

The Attain Business Brokers Blog is designed to provide commentary on issues related to buying or selling a pharmacy. For many pharmacy owners, the transaction will occur irregularly, so it is important to ensure that you gain an understanding of what's involved. We hope the blog provides some answers to your questions.

What do the current Interest Rates mean for pharmacy?

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At its last meeting on Tuesday 4 April 2017, the Reserve Bank of Australia Board decided to leave the cash rate unchanged at 1.50%. As many of you would already be aware, we are currently in a very low interest rate environment. And it seems like we can’t go a week without hearing more news and speculation about what may happen to interest rates, when they are going to rise and how this has and will impact of the housing market throughout Australia. But what does it all mean for pharmacy? And how are these low interest rates impacting on the pharmacy business sales market?

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APP Wrap-Up

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What a week?! I hope everyone who attended the APP conference enjoyed the sessions and learnings that came from what was another great conference.

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Sydney Capitalisation Rates

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As you would now all be aware the NSW Government abolished Stamp Duty on business transactions on 1 July 2016.

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Stamp Duty on Business Sales Abolished in NSW

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We are excited to advise you that the NSW Government has announced that, ‘Duty on the transfer of business assets or a declaration of trust over 'business assets' (other than land) will be abolished from 1 July 2016.’

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Pharmacy Market Update – June 2016

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As we approach the end of the 2016 financial year, now is an ideal time to reflect on the past year and provide an update regarding the pharmacy industry and business sales in particular. The 2016 financial year was a busy and exciting year for pharmacy which saw the introduction of the Sixth Community Pharmacy Agreement (6CPA) as well as the optional $1 co-pay discount. While the market has varied quite significantly between different states and locations, pharmacy business sales in all locations have been affected by these changes and a number of other macro changes to pharmacy.

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