‘We’re not just stockpiling money’: What will the RACGP do with its surplus cash?
The RACGP is going to bring back discount membership for GPs on parental leave though it is still finalising the details.
Two years ago the RACGP was suffering financially.
It responded by sacking staff and raising membership fees (for most) and this week the impact became clear.
The college reported a $20 million surplus, achieving its three-year financial recovery plan 12 months ahead of schedule.
Board chair Dr Lara Roeske called it a “good news story” but acknowledged that the fee changes had been controversial.
