Pharmacy Business Ownership
Productivity Commission submission
9 February 2024
This submission covers the following aspects of the Inquiry into Queensland's Pharmacy Business Ownership Bill 2023:
- the introduction of pharmacy business licensing
- the establishment of a new statutory body to regulate pharmacy ownership
- the retention of the rules relating to pharmacy business ownership.
The Productivity Commission is concerned that the changes proposed in these aspects of the Bill are costly and do not provide offsetting policy benefits. We consider these changes are a step in the wrong direction for Queensland pharmacy consumers.
A more competitive pharmacy sector could have a range of potential benefits for consumers, including lower prices, improved convenience and accessibility, and other service improvements.
The Commission provided the submission to the Queensland Parliament Economics and Governance Committee on 19 January 2024 and it was published on the Commission's website on 9 February 2024.
Download the submission
We value your comments about this publication and encourage you to provide feedback.