RBA interest rate cut good for owners

Recent interest rate cuts bode well for pharmacy owners as consumers turn to spending, finance brokers believe.

Allfin Financial Services, based in Melbourne, says that the recent decision by the Reserve Bank of Australia to lower the cash rate to 2.25% will stimulate business activity for retail operators, including pharmacies.

“This is all good for pharmacy and retail in general, given that they expect that the surplus cash from the consumer will now go to