Money
Insurance
Don't just lift the Medicare levy, remove the loopholes: ACOSS
Australia's Medicare levy is riddled with loopholes and should climb with income, as do tax rates, according to a Council of Social Service position paper to be released as the Senate decides whether or not to boost the levy to pay for the National Disability Insurance Scheme.
- by Peter Martin
Latest
Is private health insurance worth it?
Given premiums having risen steadily, it's unsurprising that many consumers are lowering their coverage or opting out altogether.
- by Georgina Dent
Earnings season: more profit than loss for 'mum and dad' shareholders
Qantas is the star performer of the retail stocks this profit reporting season with its declaration of its second-highest ever profit.
- by John Collett
It's time to get banks back to nation-building basics
Public confidence in Australia's banks has been steadily eroding since financial deregulation in 1983 to the point where now the brand of the Big Four banks, and especially the Commonwealth Bank, is at its nadir.
- by Stephen Anthony
Is APRA's Commonwealth Bank inquiry enough to stave off a royal commission?
APRA’s decision to join other regulators in the Commonwealth Bank “culture attack” is well overdue and may be too late.
- by Adele Ferguson
Commonwealth Bank facing APRA probe
An unprecedented inquiry will examine whether the Commonwealth Bank undermined its own reputation in pursuit of profit, after a damaging run of scandals at the country's biggest bank.
- by Clancy Yeates
ASIC handed CBA advanced copy of CommInsure Report
Australia's corporate watchdog has defended a decision to hand the Commonwealth Bank an advance copy of a report into its handling of life insurance claims before it was made public.
- by Mario Christodoulou
Medibank talks tough in costs battle with Australian Medical Association
Medibank Private says the health system is at risk if doctors won't agree to disclose how much they charge for procedures.
- by Sarah Danckert
Medibank's shares jump as it slows customer bloodletting, gets fewer complaints
Medibank Private's shares have shot up more than 7 per cent as the insurer revealed it has managed to stem some of its decline in customer numbers after slashing premium prices and prompting fewer complaints.
- by Sarah Danckert
CBA board's breathtaking tactics bring on a class action
It is being pitched as the biggest shareholder class action in the country. Commonwealth Bank on one side, and Maurice Blackburn bankrolled by IMF on the other side. Why did CBA's board wait to inform shareholders about the Austrac investigation until the genie was out of the bottle?
- by Adele Ferguson
Healthscope's net profit slides 40pc, no hospital growth tipped for 2018
The nation's second-largest private hospitals operator Healthscope has posted near 40 per cent slide in full-year net profit.
- by Carrie LaFrenz