As June 30 draws near, EOFY is your chance to tidy up the books, make smart financial moves, and lay the groundwork for a strong year ahead. For pharmacy owners, this period isn’t just about compliance, it’s about strategy. By taking the time now to finalise records, optimise deductions, and plan with purpose, you can enter the new financial year confident and prepared.

To help you get there, we’ve created a practical EOFY checklist outlining what to do, why it matters, and simple tips to make the process smoother.

At Peak Strategies, we often explore how technology and AI are reshaping the pharmacy industry, but today, we’re zooming in on bookkeeping. While AI is typically linked to data analysis and efficiency, its impact on bookkeeping is just as powerful. From recognising patterns and suggesting actions to reducing errors and streamlining repetitive tasks, AI is helping bookkeepers work smarter. Read on to find out how these innovations are transforming the way we manage your numbers.

The 2025-26 Federal Budget, unveiled by Labor Treasurer Jim Chalmers, focuses on easing cost-of-living pressures and enhancing healthcare ahead of the May 3rd election. Key measures include making medicines more affordable, strengthening community pharmacies, and expanding healthcare access to support both individuals and businesses.