Australia has reached its highest rate of private hospital insurance participation in more than nine years, with 44.9% of the population covered. Private hospital insurance cover grew by 2.5% in 2010, outstripping Australian population growth of 1.7%. Under the Governments proposed changes, the Private Health Insurance Rebate will be provided to all singles earning up to $124,000 per year, or couples on less than $248,000.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...