Victorian Pharmacy Authority 2025-26 annual report
Summary
The report's own summary: Chairperson and Registrar report, pages 10 to 11
Generated summary: written by an AI model from the report text and checked against the cited pages.
The Victorian Pharmacy Authority reported for the year ending 30 June 2026 on its regulation of pharmacy ownership, premises and operations.
The Authority reported introducing a central licensing database, an online renewal portal and secure electronic payments.
The Authority reported revising inspection checklists to concentrate on higher-risk issues and beginning a project to identify priority harms.
The Authority also reported issuing guidance on pharmacy ownership, proprietary interests and third-party influence.
The Authority reported processing 452 applications, with 90% receiving an initial assessment and 92% completing processing within its service timeframes.
The Authority reported a deficit of $198,547, largely attributed to the first stage of its digital transformation.
In the body's own words
- Finding
Improvements to the public register, including expanded search functionality, were also delivered during the period.
Finances 4
Total revenue and income from transactions
$2,700,182
Printed as
Total revenue and income from transactions 2,700,182 2,408,874
Total expenses from transactions
$(2,890,577)
Printed as
Total expenses from transactions (2,890,577) (2,316,304)
Employee expenses
$(1,542,710)
Printed as
Employee expenses 3.1 (1,542,710) (1,333,719)
Net result for the year
$(198,547)
Printed as
Net result for the year (198,547) 91,967
Staff 2
Full Time Equivalent (FTE)
8.2 FTE
Printed as
a staff of 11 at 30 June 2026, with a Full Time Equivalent (FTE) of 8.2
staff
11 people
Printed as
The VPA had a staff of 11 at 30 June 2026
Executives and remuneration 2
$340,001 - $350,000
1
Printed as
$340,001 - $350,000 1 -
Total compensation – KMPs
$395,371
Printed as
Total compensation – KMPs1 $395,371 351,052
Consultancies 1
total expenditure incurred during 2025–26 in relation to these consultancies
$199,851
Printed as
The total expenditure incurred during 2025–26 in relation to these consultancies is $199,851.
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 76
- Figures not found in the report
- Consultancy; Head remuneration