Pharmacists flood relief
January 12, 2011
HELP is available for pharmacists
whose business’ have been affected
by flooding in Western Australia,
Queensland and NSW.
According to the Pharmacy Guild
of Australia, at present there are a
number of grants and assistance
programs which may aid pharmacies
suffering severe hardship brought
about by the floods.
Pharmacists affected in Qld are
advised to visit the QLD Rural
Adjustment Authority QRAA)
website (www.qraa.qld.gov.au) for a
full listing of financial aid programs
which include: grant assistance of
up to $25,000 to assist with clean
up and recovery efforts; as well as
concessional loans of up to
$250,000 for business recovery
and re-establishment.
The QRAA has also said that
flood affected Qld small business
owners may also be eligible for
deferral of repayments on existing
loans for an agreed period.
The Guild is also advising flood
affected WA pharmacists to visit
the Western Australia Natural
Disaster Relief and Recovery
Arrangements website
(www.fesa.wa.gov.au) for
information regarding an Interest
Rate Subsidy (IRS).
Basically the IRS is for ‘new’
loans provided by Authorised
Deposit-taking Institutions (ADIs),
where assets have been damaged
as a direct result of the flooding,
and for which the assistance
measures under the Western
Australia Natural Disaster Relief
and Recovery Arrangements have
been activated.
Pharmacists affected by flooding
in NSW can also apply for loans of
up to $130,000 at a concessional
rate of 2.77%, as well as transport
subsidies via the Rural
Assistance Authority’s Natural
Disaster Relief Schemes (see
www.emergency.nsw.gov.au).
In addition to providing information
on state assistance programs, the
Guild’s website also features links
to national programs.
See www.guild.org.au.
The above article was sent to subscribers in Pharmacy Daily's issue from 12 Jan 11To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 12 Jan 11
