This document outlines CHF's initial appraisal of the recently announced pharmacy reforms and 6CPA. While there are some positive points of difference between last agreement (5CPA) and 6CPA, the current Agreement does not go far enough to drive improvements in terms of greater competition and innovation in this sector, resulting in greater accessibility and affordability for consumers. The Package was billed by the Government as being a big win for consumers however, as the following top-line analysis shows, the bigger winners were pharmacy and the Government.