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GMHBA Limited
GMHBA Limited is a not-for-profit, mutual Australian private health insurance and care company founded in 1934, based in Geelong, Victoria, Australia. GMHBA also operates eye care and dental care practices along with GP clinics. History GMHBA has roots in the Cement Workers Hospital Benefits Scheme, established in 1927 by workers at the cement works at Fyansford, on the outskirts of Geelong. By 1928 a number of similar schemes had been started for employees of other local industrial organisations. An open health fund was officially launched and opened to the public by the mayor of Geelong on 13 August 1934. The name Geelong Medical and Hospital Benefits Association (GMHBA) was adopted in 1958. In October 2009 GMHBA launched a second brand called Frank Health Insurance, which was developed to provide a simple private health insurance offering at low cost. NIB takeover bid In October 2010 Newcastle, New South Wales based health fund NIB made a $140 million takeover offer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geelong
Geelong ( ) (Wathawurrung: ''Djilang''/''Djalang'') is a port city in the southeastern Australian state of Victoria, located at the eastern end of Corio Bay (the smaller western portion of Port Phillip Bay) and the left bank of Barwon River, about southwest of Melbourne, the state capital of Victoria. Geelong is the second largest Victorian city (behind Melbourne) with an estimated urban population of 268,277 as of June 2018, Estimated resident population, 30 June 2018. and is also Australia's second fastest-growing city. Geelong is also known as the "Gateway City" due to its critical location to surrounding western Victorian regional centres like Ballarat in the northwest, Torquay, Great Ocean Road and Warrnambool in the southwest, Hamilton, Colac and Winchelsea to the west, providing a transport corridor past the Central Highlands for these regions to the state capital Melbourne in its northeast. The City of Greater Geelong is also a member of thGateway Cities Allian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geelong Football Club
The Geelong Football Club, nicknamed the Cats, is a professional Australian rules football club based in Geelong, Victoria, Australia. The club competes in the Australian Football League (AFL), the sport's premier competition, and are the 2022 reigning premiers. The club formed in 1859, making it the second oldest club in the AFL after Melbourne and one of the oldest football clubs in the world.Official Website of the Geelong Football Club Retrieved on 10 June 2007. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of Australia
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1934
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Health Insurance Ombudsman
The Private Health Insurance Ombudsman was an Australian Government agency which acted independently of the government in investigating complaints involving private health insurance and reporting. The role and functions of the office are contained in Sections 230- 256 of the ''Private Health Insurance Act 2007''. Role and functions The office protected the interests of people who are covered by private health insurance by investigating complaints and assisting in the resolution of complaints. It also published independent information about private health insurance and the performance of health funds. According to the Australian Government's website, the ombudsman "provides private health insurance members with an independent service for health insurance problems and enquiries." The office stated that it expected to fulfill this role by handling complaints in a high quality manner; by providing information and advice to consumers; and by providing information, advice, and recomme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Billy Brownless
Anthony William Brownless (born 28 January 1967) is a former Australian rules footballer and radio and television media personality who represented in the Australian Football League (AFL) during the 1980s and 1990s. Early life Brownless was born and raised in Jerilderie, a rural town in New South Wales. He first played football for his local team, the Jerilderie Football Club, when it was part of the Murray Football League. He boarded for three years in Kilmore, Victoria, at Assumption College, one of Australia's most renowned "football nurseries", a school which has a strong tradition of producing footballers who have gone on to play in the AFL. In 1984, his final year at the school, Brownless kicked 155 goals for the school team. Career VFL/AFL Geelong asked Brownless to come and train, but instead he chose to return home to Jerilderie to be with family and friends and play a season of senior football before going to Geelong. During the 1985 season, he kicked 148 goals for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frank Costa
Frank Aloysius Costa (3 February 1938 – 2 May 2021) was an Australian businessman. Costa had been a prominent figure in the Geelong region for more than four decades after inheriting Costa Group, the family's produce business, in the late 1950s. Initially privately-held, the Costa Group became the largest service wholesaler of fruit and vegetables in Australia with operations in five states. In 2015 the company was floated on the Australian Securities Exchange as Costa Group Holdings Limited. In 1998, Frank Costa became president of the Geelong Football Club. Career Costa was the eldest of five sons born to Sicilian immigrants who moved to Australia in the 1880s. His great-uncle established the Geelong Covent Garden in 1888 – a produce grocery which he ran until the 1920s, at which time he turned it over to Costa's father. When Costa was 21, he (along with his brother Adrian) convinced his father to sell the business to them. Costa successfully grew the business with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pier To Pub
The Lorne Pier to Pub is an annual, 1.2-km open water swimming race held in January at Lorne, a town located on the Great Ocean Road in Victoria, Australia. It began in 1981, when a member of the Lorne Surf Lifesaving Club, the Late Paul Lacey, had the idea to have a "fun" swim from the Lorne Pier through Louttit Bay and finish by body-surfing the waves onto the Lorne beach. The first swim was done by Paul and lifeguard Clyde Whitehand to test the course, the swimmers were greeted on the beach by an announcement by Sharkey and applause from beach goers, a small number compared to the thousands that greet the swimmers today. The first race took place a few weeks later following a surf carnival at Lorne. Competitors from the carnival and a number of Lorne locals dived and jumped off the pier and followed a course of buoys into the beach. The race today consists of the same process. Swimmers times are recorded at the finish line, and published in the Herald Sun Newspaper the next ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demutualization
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company, a cash payment, or a mixture of both. Mutualization or mutualisation is the opposite process, wherein a shareholder-owned company is converted into a mutual organization, typically through takeover by an existing mutual organization. Furthermore, re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society. The mutual traditionally raises capital from its customer members in order to provide services to them (for example building societies, where members' savings enable the provision of mortgages to members). It redistributes some profits to its members. By contrast, a joint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Care In Australia
Health care in Australia operates under a shared public-private model underpinned by the Medicare (Australia), Medicare system, the national Single-payer healthcare, single-payer funding model. States and territories of Australia, State and territory governments operate public health facilities where eligible patients receive care free-of-charge. Primary health services, such as GP clinics, are privately owned in most situations, but attract Medicare rebates. Australian citizens, permanent residents, and some visitors and visa holders are eligible for health services under the Medicare system. Individuals are encouraged through tax surcharges to purchase health insurance to cover services offered in the private sector, and further fund health care. In 1999, the Howard Government introduced the #Private health insurance rebate, private health insurance rebate scheme, under which the government contributed up to 30% of the private health insurance premium of people covered by M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nib Health Funds
nib Group (nib, formerly Newcastle Industrial Benefits) is an Australian health care fund. It was established in the NSW Hunter Region in 1952 to provide health insurance for workers at the BHP Steelworks, and has since grown into a national and international operation. As of 2017, nib held an 8.3% share of the Australian private health cover market. History nib was established in the NSW Hunter Region in 1952 to provide health insurance for workers at the BHP Steelworks. In 1995, nib was involved in a landmark court case after they rejected family health cover to a homosexual couple. While most health insurers at the time were choosing to recognise same-sex relationships, there had been no official ruling on the matter. The subsequent court case, Hope & Brown vs NIB, found that nib had violated the Anti-Discrimination Act 1977, setting a legal precedent that redefined 'family' to include same-sex couples and their children for the purposes of health insurance. nib appealed t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newcastle, New South Wales
Newcastle ( ; Awabakal: ) is a metropolitan area and the second most populated city in the state of New South Wales, Australia. It includes the Newcastle and Lake Macquarie local government areas, and is the hub of the Greater Newcastle area, which includes most parts of the local government areas of City of Newcastle, City of Lake Macquarie, City of Cessnock, City of Maitland and Port Stephens Council. Located at the mouth of the Hunter River, it is the predominant city within the Hunter Region. Famous for its coal, Newcastle is the largest coal exporting harbour in the world, exporting 159.9 million tonnes of coal in 2017. Beyond the city, the Hunter Region possesses large coal deposits. Geologically, the area is located in the central-eastern part of the Sydney Basin. History Aboriginal history Newcastle and the lower Hunter Region were traditionally occupied by the Awabakal and Worimi Aboriginal people, who called the area Malubimba. Based on Aboriginal language refere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
