Chemist Warehouse to lose discounted price of prescription medicine after Albanese government caves to pharmacy pressure

The price of prescription medicine is set to rise after the influential Pharmacy Guild won a bid to strip Chemist Warehouse of its ability to offer customers $1 off medicines. The federal government made the decision after negotiations with the pharmacy Guild came to a head.

Government caves to pharmacy pressure to end $1 script discount. Often offering the lowest prices, Chemist Warehouse had previously used a policy allowing them to knock $1 off government set prices on the cost of scripts to create competition — a policy which other pharmacies did not use. The discount policy was first introduced by former health minister Sussan Ley in 2016, but now, the Albanese government has bowed to pressure from the Pharmacy Guild to end the days of discount scripts.

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