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Medibank Private
Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering 3.7 million people in 2021. Medibank initially started as an Australian Government not-for-profit insurer in 1976, before becoming for-profit in 2009 and privatised by the Abbott Government in 2014. Medibank now operates as a publicly-listed company on the Australian Securities Exchange. History Medibank began business as an Australian Government-owned private health insurer, established by the Whitlam Government in 1975 through the Health Insurance Commission. Medibank was set up to provide competition to private "for-profit" health funds and to put pressure on other health funds to keep premiums at a reasonable level. In 2006, the Howard Coalition Government announced that Medibank would be sold in a public float if it won the 2007 election. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publicly Listed Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in Over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kevin Rudd
Kevin Michael Rudd (born 21 September 1957) is an Australian former politician and diplomat who served as the 26th prime minister of Australia from 2007 to 2010 and again from June 2013 to September 2013, holding office as the leader of the Australian Labor Party (ALP). He is set to be appointed as the 23rd Ambassador of Australia to the United States in March of 2023, succeeding Arthur Sinodinos. Born in Nambour, Queensland, Rudd graduated from the Australian National University with honours in Chinese studies, and is fluent in Mandarin. Before entering politics, he worked as a diplomat and public servant for the Goss Ministry. Rudd was elected to the Australian House of Representatives at the 1998 federal election, as a member of parliament (MP) for the division of Griffith. He was promoted to the shadow cabinet in 2001 as Shadow Minister for Foreign Affairs. In December 2006, he defeated Kim Beazley in a leadership spill to become the leader of the Labor Party, thus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medibank Office In Westfield Woden July 2022
Medibank Private Limited, better known as simply Medibank, is one of the largest Australian private health insurance providers, covering 3.7 million people in 2021. Medibank initially started as an Australian Government not-for-profit insurer in 1976, before becoming for-profit in 2009 and Privatization, privatised by the Abbott Government in 2014. Medibank now operates as a publicly-listed company on the Australian Securities Exchange. History Medibank began business as an Australian Government-owned private health insurer, established by the Whitlam Government in 1975 through the Health Insurance Commission. Medibank was set up to provide competition to private "for-profit" health funds and to put pressure on other health funds to keep premiums at a reasonable level. In 2006, the Howard Government, Howard Coalition Government announced that Medibank would be sold in a public float if it won the 2007 Australian federal election, 2007 election. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Health (Australia)
The Department of Health and Aged Care (DHAC), formerly the Department of Health, is a department of the Australian Government responsible for health research, funding, promotion and regulation in Australia. Primary health care and aged care services are overseen by DHAC, while tertiary health services are administered by state and territory governments. The department is responsible for programs such as Medicare, the Pharmaceutical Benefits Scheme, and agencies such as the Therapeutic Goods Administration and the National Health and Medical Research Council. The department is responsible to parliament through the minister for health and aged care, and is supported by four assistant ministers. The department secretary, Brendan Murphy, is responsible for day-to-day accountability of the organisation. The chief medical officer is Paul Kelly, who oversees clinical operations. History The first Department of Health was established in 1921 and was the precursor to today's De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statutory Authority
A statutory body or statutory authority is a body set up by law (statute) that is authorised to implement certain legislation on behalf of the relevant country or state, sometimes by being Primary and secondary legislation, empowered or delegated to set rules (for example regulations or Statutory instrument, statutory instruments) in their field. They are typically found in countries which are governed by a Westminster system, British style of parliamentary democracy such as the United Kingdom and the Commonwealth of Nations, Commonwealth countries like Australia, Canada, India and New Zealand. They are also found in Israel and elsewhere. Statutory authorities may also be statutory corporation, statutory corporations, if created as a body corporate. Australia Definitions Federal statutory authorities are established under the ''PGPA Act 2013''. "A statutory authority is a generic term for an authorisation by Parliament given to a person or group of people to exercise specific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) is a statutory authority of the Australian Government and the prudential regulator of the Australian financial services industry. APRA was established on 1 July 1998 in response to the recommendations of the Wallis Inquiry. APRA's authority and scope is determined pursuant to the . Regulatory scope APRA was established on 1 July 1998. It oversees banks, credit unions, building societies, friendly societies, general insurance, health insurance, reinsurance, and life insurance companies, and most members of the superannuation industry. It ensures that these institutions keep their financial promises; that is, that they will remain financially sound and able to meet their obligations to depositors, fund members and policy holders. APRA currently supervises institutions holding A$8.6 trillion in assets for Australian depositors, policyholders and superannuation fund members. APRA is largely funded by levies on the financial inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rudd Government (2007–2010)
Rudd Government may refer to the following Australian governments: * Rudd government (2007–10) Rudd Government may refer to the following Australian governments: * Rudd government (2007–10) * Rudd government (2013) {{Dab ... * Rudd government (2013) {{Dab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Australia Bank
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-largest bank in the world measured by market capitalisation and 52nd- largest bank in the world as measured by total assets in 2019. , NAB operated 3,500 Bank@Post locations—including 7,000+ ATMs across Australia, New Zealand, and Asia—and served 9 million customers. NAB has an "AA-" long-term issuer rating by Standard & Poor's. History Early history National Australia Bank was formed as National Commercial Banking Corporation of Australia Limited in 1982 by the merger of National Bank of Australasia and the Commercial Banking Company of Sydney. The resulting company was subsequently renamed National Australia Bank Limited. The expanded financial base of the merged entity triggered significant offshore expansion over ensuing years. R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Savvides
George Savvides (born 20 October 1956) Retrieved 22 October 2015 is an Australian businessman and chairman of the (SBS). Between 2002 and 2016 he was the Managing Director of Limited. Education George Savvides is the son of Greek Cypriot parents who arrived in Australia in 1950. He was the first person in his family to go to university. He trained as an industrial engineer and has a Bachelor of Engineering (Honours) fr ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2013 Australian Federal Election
The 2013 Australian federal election to elect the members of the 44th Parliament of Australia took place on 7 September 2013. The centre-right Liberal/National Coalition opposition led by Opposition leader Tony Abbott of the Liberal Party of Australia and Coalition partner the National Party of Australia, led by Warren Truss, defeated the incumbent centre-left Labor Party government of Prime Minister Kevin Rudd in a landslide. Labor had been in government for six years since being elected in the 2007 election. This election marked the end of the Rudd-Gillard-Rudd Labor government and the start of the 9 year long Abbott-Turnbull-Morrison Liberal-National Coalition government. Abbott was sworn in by the Governor-General, Quentin Bryce, as Australia's new Prime Minister on 18 September 2013, along with the Abbott Ministry. The 44th Parliament of Australia opened on 12 November 2013, with the members of the House of Representatives and territory senators sworn in. The state senator ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Abbott
Anthony John Abbott (; born 4 November 1957) is a former Australian politician who served as the 28th prime minister of Australia from 2013 to 2015. He held office as the leader of the Liberal Party of Australia. Abbott was born in London, England, to an Australian mother and a British father, and moved to Sydney at the age of two. He studied economics and law at the University of Sydney, and then attended The Queen's College, Oxford, as a Rhodes Scholar, studying Philosophy, Politics and Economics. After graduating from Oxford, Abbott briefly trained as a Roman Catholic seminarian, and later worked as a journalist, manager, and political adviser. In 1992, he was appointed director of Australians for Constitutional Monarchy, a position he held until his election to parliament as a member of parliament (MP) for the division of Warringah at the 1994 Warringah by-election, before the election of the Howard government in 1996. Following the 1998 Australian federal election, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
