Emergency medical equipment in accident and emergency at Nambour General Hospital. Photo: Iain Curry / Sunshine Coast Daily
Emergency medical equipment in accident and emergency at Nambour General Hospital. Photo: Iain Curry / Sunshine Coast Daily Iain Curry

Medibank Private could be sold in the Coalition's first term

THE anticipated multi-billion sale of Medibank Private could take place in the Coalition government's first term.

The publicly owned insurer's managing director George Savvides has told The World Today the selloff remains a key Coalition goal.

"I think it is designed that way and certainly we will respond in a manner required to meet the expectations of the owner," Mr Savvides said.

"But I suspect it will be in the first term."

The sale speculation was ramped up as Medibank Private announced a 83.8 percent increase in full year profit to $233 million.

Read more at ABC news online.



Tree removal still putting scars onto council

premium_icon Tree removal still putting scars onto council

Council still counting the cost of removing scar tree.

Bobcats ready to fight for their season

premium_icon Bobcats ready to fight for their season

Do-or-die time for Maclean as they look to reach top four

Highway bypass expert brings view on Jacaranda City's future

Highway bypass expert brings view on Jacaranda City's future

Expert on bypasses to help Grafton plan for better future.

Local Partners