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Medibank
Medibank is an Australian private health insurance provider headquartered in Melbourne, Victoria (state), Victoria. It is Australia's largest private health insurance provider, covering around 4.2 million customers in 2024. Medibank initially started as an Australian Government not-for-profit insurer in 1976, before becoming for-profit in 2009 under the Rudd government (2007–2010), Rudd Government 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 as an Australian Government private health insurance scheme, established by the Whitlam government in 1975 through the Health Insurance Commission. In its original form, it was a universal health insurance programme funded through taxation, that also ensured free treatment at public hospitals and provided subsidies to private hospitals. The subsequent Fraser government reduced the subsidies and allowed the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medicare (Australia)
Medicare is the publicly funded universal health care insurance scheme in Australia. The Department of Health, Disability and Ageing manages the program, while Services Australia is responsible for claim and registration processing. The scheme either partially or fully covers the cost of most health care, with services being delivered by state and territory governments or private enterprises. All Australian citizens and permanent residents are eligible to enroll in Medicare, as well as international visitors from 11 countries that have #Reciprocal agreements, reciprocal agreements for medically necessary treatment. The Medicare (Australia)#Payments for health services, Medicare Benefits Schedule lists a standard operating fees for eligible services, called the ''schedule fee'', and the percentage-portion of that fee that Medicare will pay for. When a health service charges only how much Medicare will pay, this is called a "bulk billed" service. Providers can charge more than ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Insurance Commission
Medicare is the publicly funded universal health care insurance scheme in Australia. The Department of Health, Disability and Ageing manages the program, while Services Australia is responsible for claim and registration processing. The scheme either partially or fully covers the cost of most health care, with services being delivered by state and territory governments or private enterprises. All Australian citizens and permanent residents are eligible to enroll in Medicare, as well as international visitors from 11 countries that have reciprocal agreements for medically necessary treatment. The Medicare Benefits Schedule lists a standard operating fees for eligible services, called the ''schedule fee'', and the percentage-portion of that fee that Medicare will pay for. When a health service charges only how much Medicare will pay, this is called a "bulk billed" service. Providers can charge more than the schedule fee for services, with patients responsible for the "gap p ... [...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 Medibank Private. Education 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 en ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abbott Government
The Abbott government was the federal executive government of Australia led by the 28th Prime Minister Tony Abbott. The government was made up of members of the Liberal–National Coalition. The Leader of The Nationals, Warren Truss, served as Deputy Prime Minister. Following the 2013 Australian federal election held on 7 September, the Coalition defeated the second Rudd government, ending six years of Labor government. The Abbott government was sworn into office on 18 September 2013. Less than two years later on 14 September 2015, Malcolm Turnbull defeated Abbott in a leadership ballot, 54 votes to 44 and the Turnbull government became the executive government of Australia. In economic policy, the Abbott government aimed to rein in a budget deficit that reached A$48.5 billion by June 2014. It concluded free trade agreements with China, Japan and South Korea. It removed the Rudd-Gillard era Resource Super Profits Tax and carbon pricing. It established the Nationa ... [...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] |
Tony Abbott
Anthony John Abbott (; born 4 November 1957) is an Australian former 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 and was the member of parliament (MP) for the New South Wales division of division of Warringah, Warringah from 1994 to 2019. 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 War ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kevin Rudd
Kevin Michael Rudd (born 21 September 1957) is an Australian diplomat and former politician who served as the 26th prime minister of Australia from 2007 to 2010 and June to September 2013. He held office as the Leaders of the Australian Labor Party#Leader, leader of the Labor Party from 2006 to 2013. Since 2023, Rudd has served as the 23rd List of ambassadors of Australia to the United States, ambassador of Australia to the United States. Born in Nambour, Queensland, Rudd graduated from the Australian National University with honours in Sinology, Chinese studies, and is fluent in Mandarin language, Mandarin. Before politics, he worked as a diplomat and public servant for the Queensland state government of Wayne Goss. Rudd was elected to the Australian House of Representatives at the 1998 Australian federal election, 1998 federal election for the Queensland division of division of Griffith, Griffith. He was promoted to the Shadow Cabinet (Australia), shadow cabinet in 2001 as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Ownership
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Business Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public 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 so 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 United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 Australian Federal Election
The 2010 Australian federal election was held on Saturday, 21 August 2010 to elect members of the 43rd Parliament of Australia. The incumbent centre-left Australian Labor Party led by Prime Minister Julia Gillard won a second term against the opposition centre-right Liberal Party of Australia led by Opposition Leader Tony Abbott and Coalition partner the National Party of Australia, led by Warren Truss, after Labor formed a minority government with the support of three independent MPs and one Australian Greens MP. Labor and the Coalition each won 72 seats in the 150-seat House of Representatives, four short of the requirement for majority government, resulting in the first hung parliament since the 1940 election. Six crossbenchers held the balance of power. Greens MP Adam Bandt and independent MPs Andrew Wilkie, Rob Oakeshott and Tony Windsor declared their support for Labor on confidence and supply. Independent MP Bob Katter and National Party of Western Australia MP ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herald Sun
The ''Herald Sun'' is a Conservatism, conservative daily tabloid newspaper based in Melbourne, Australia, published by The Herald and Weekly Times, a subsidiary of News Corp Australia, itself a subsidiary of the American Rupert Murdoch, Murdoch owned News Corp. The ''Herald Sun'' primarily serves Melbourne and the state of Victoria (Australia), Victoria and shares many articles with other News Corporation daily newspapers, especially those from Australia. It is also available for purchase in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales such as the Riverina and the South Coast (New South Wales), South Coast, and is available digitally through its website and apps. In 2017, the paper had a daily circulation of 350,000 from Monday to Friday. The ''Herald Sun'' newspaper is the product of a Mergers and acquisitions, merger in 1990 of two newspapers owned by The Herald and Weekly Times Limited: the morning tabloid ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
