Australian Register of Therapeutic Goods

New medical devices tax wipes out tax cut benefit

New medical devices tax

Proposals from the Australian Government to impose new cost imposts on suppliers of low-risk medical devices will eliminate the entire benefit of its tax cuts for many small businesses in Australia’s dental industry, the Australian Dental Industry Association (ADIA) has stated. […]

TGA fee cut alleviates dental industry’s compliance costs

The Australian Dental Industry Association (ADIA) has welcomed advice that the Therapeutic Goods Administration (TGA) plans to reduce most of its annual charges by 4.96 per cent for the coming year. The cut is associated with the annual charges that business must pay for […]

Fines for the illegal supply of dental products to top $10 million

fine, penalty, crime

From 1 July 2017, the maximum penalty for the importation or supply of dental products without first meeting Therapeutic Goods Administration (TGA) requirements will exceed $1 million for individuals and $10 million for companies in some cases. The peak business […]

Indemnity politics

Insurance companies have modified their medical indemnity policies—excluding protection in instances where imported Therapeutic Goods have been unlawfully imported.

With insurance companies modifying indemnity policies regarding imported medical devices, there is another hidden cost of cheap imports. Amanda Lohan explains Some Australian dentists, concerned about the rising cost of home-grown dental products, have turned to alternative online and international […]