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.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...