09/09/2026
I recently went looking for evidence to help me figure out if running a private practice really had become harder - coz it certainly feels like it has!
But the answer the numbers gave me was annoyingly nuanced!
Businesses arenโt collapsing at some unprecedented rate. And I couldnโt prove that owners are taking home less than they were ten years ago.
But I could see something else quite clearly:
๐ง๐ต๐ฒ ๐๐ผ๐ฟ๐ธ ๐๐ง๐ค๐ช๐ฃ๐ ๐๐ต๐ฒ ๐๐ผ๐ฟ๐ธ ๐ต๐ฎ๐ ๐ด๐ฟ๐ผ๐๐ป.
In the simple private practice model I used as the comparator, mandatory employment-related cash costs increased by 3.15% over the last 10 years - on top of the wage increases themselves.
In addition - the time needed to comply with all the rules and regulations involved in running a small business increased by around 70 hours a year.
Thatโs nearly two extra working weeks spent keeping your practice running, instead of doing the work you love to do - and probably opened the practice to do in the first place!
But if we assume that work is feeling hard because we're "just burnt out" or perimenopausal, or "just need a holiday" - then we go looking for the solutions in the wrong place.
We just create more work for ourselves trying to: create better boundaries, or improve our resilience.
But if the job has slowly become heavier while our systems have stayed the same, self-care isnโt going to solve the right problem.
The upcoming HPSS Award changes are a perfect example. Addressing the gender-based undervaluation of health professional work seriously matters - I'm totally for that of course!
BUT someone still has to understand the changes, work out who is covered, map classifications, update payroll, talk to the staff, and document it all.
And in private practice that someone is usually the practice owner.
So it seems it ๐ช๐ด costing us ๐ฎ๐ฐ๐ณ๐ฆ to do ๐ฎ๐ฐ๐ณ๐ฆ of the work we don't like!
If you want to read the full breakdown of my findings, read the full blog post here:
https://www.12pointspsychology.com/main-blog/running-a-psychology-practice-australia
And if the 1 October changes apply to your practice, download your free implementation checklist here:
https://sparksfire.com.au/hpss-checklist