Australian Natural Healthcare and Wellbeing Snapshot

The domestic Australian complementary medicine industry is robust and significant . Market research shows that the popularity of complementary medicines is increasing with a growth rate of seven per cent year on year. Three-quarters of Australians, including 92 per cent of women aged 20-24; take at least one complementary medicine and a quarter of the population visit complementary healthcare practitioners each year. In Australia, the fastest growth areas are nutritional oils, men’s health and eye health. Products are manufactured to some of the highest standards in the world based on GMP validation and stringent therapeutic regulations. These standards are maintained by the Therapeutic Goods Administration (TGA) through a transparent approval process, strict manufacturing compliance guidelines and effective post-market monitoring. The TGA register also supports the complementary medicine industry with evidence-based research, monitoring and safety data. These elements combine to allow Australian manufacturers to supply world-class products at globally competitive prices.   Source: Austrade snapshot

 

Quote for the month:

“Stay away from negative people; they have a problem for every solution”   Albert Einstein

RFA Breaking News

Complementary Medicines (“Dietary supplements”):

  TGA Advises on Using 'Natural' Claims When Advertising to the Public The TGA has released guidance on the use of 'natural' and related claims when advertising medicines and medical…

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Foods:

  Calls for Health Star Ratings on Packaged Food to be Compulsory The current use of ‘Health Star Ratings’ on packaged foods is not mandatory and is only being displayed…

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Cosmetics and TGA Listed Sunscreens

  Your Questions About the New NICNAS Scheme Get Answered As reported in May 2019 edition of this newsletter, there is now a new Australian industrial chemicals law – the…

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Marketing:

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Complementary Medicines (“Dietary supplements”):

  TGA Fees and Charges Summary from 1 July 2019 The TGA is required to recover its costs for all activities that fall within the scope of the Therapeutic Goods…

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Foods:

  Raw Potential? New Zealand Opens Raw Milk Regulations Review for Consultation The New Zealand Ministry of Primary Industries (MPI) has launched an online survey seeking public consultation on the…

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