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News
Medibank Private (MPL ASX) blames comparison sites for soaring health insurance costs
2+ hour, 42+ min ago (50+ words) Medibank blames comparison sites for soaring health insurance costs afr.com Medibank Private says commissions being charged by insurance comparison sites through opaque brokerage arrangements are driving up premiums by as much as 30 per cent without benefiting consumers. Gift 5 articles…...
Denied a billion-dollar-plus exit, TPG works on plan B for Greencross
3+ week, 17+ hour ago (155+ words) AFR Coles spent nine months plotting to buy the dominant player in Australia’s $18 billion pet care sector, but got cold feet. So what next for Greencross? Greencross CEO Lucas Barry will keep leading the pets and vets business after Coles…...
Insurance heavyweight’s relationship risks look too big to underwrite
3+ week, 2+ day ago (114+ words) AFR It seems lightning does strike twice when it comes to ex-QBE boss John Neal’s workplace relationships. Insurance heavyweight John Neal is currently an “avid (and recovering) cyclist with a passion for all things insurance” (according to LinkedIn). But it…...
Flight from top health cover ‘an existential threat’
4+ week, 1+ day ago (47+ words) AFR The rigid tiering of gold, silver and bronze basic levels of health insurance has made building a sustainable model for affordable top hospital cover “very difficult”, with warnings it could threaten the existence of the health insurance sector....
We’re working more and getting less
4+ week, 2+ day ago (48+ words) AFR If you feel poorer today than four years ago, that’s because you are poorer today than four years ago. Productivity is a tricky subject for politicians. At best, mere mention of the word makes people’s eyes glaze over....
Navis Capital Partners plots 2027 exit for in-home care provider Caring Group
1+ mon, 2+ week ago (92+ words) Navis plots 2027 exit for in-home care provider Caring Group AFR After just three years in Navis Capital Partners’ stable, the Malaysia-based private capital firm is weighing exit options for Caring Group, a leading operator of in-home care brands, including Home…...
The costly paradox of the insurance industry’s search for trust
2+ mon, 3+ day ago (56+ words) AFR Double-digit premium increases mean the debate over who is winning – customers or the bottom line – is far from being resolved. Regulation brings trust; trust brings customers; customers will probably have to pay more or drop their insurance coverage. Welcome…...
Quadrant snags health insurance giant for medical centre network exit
2+ mon, 4+ day ago (28+ words) AFR The first of Quadrant Private Equity’s portfolio companies on the auction block is coming up roses....
Labor shelves private hospital pricing shake-up plan
2+ mon, 1+ week ago (94+ words) AFR Labor has shelved a controversial proposal to introduce a benchmark pricing model for private hospital procedures following opposition from the biggest operator, Ramsay Health Care, to what would have been the biggest shake-up to the private health system in…...
This ‘no-brainer’ sector still gives investors headaches
2+ mon, 2+ week ago (103+ words) AFR New intelligent search Use sentences or keywords The $2.5 billion sale of Estia Health has put the spotlight on aged care valuations as government funding changes underpin growth. But investors remain wary. On paper, investing in Australian aged care should…...