Shock as Industry Super fund insurance premiums climb

Daniel Emerson The West Australian 6 October, 2014 Life, disability and income protection insurance premiums are rocketing up to 85 per cent amid a surge in claims being blamed on everything from stressful work to zealous lawyers. An estimated 75 per cent of Australian workers insure against death, total permanent disablement and income loss through…

MEDIBANK PRIVATE SHARE OFFER

By Steve Blizard Medibank Private is a strong, reputable brand name in the health insurance industry with a dominant 30 percent market share position. BUPA comes in second with 27-28 percent and NIB Holdings has approximately seven percent. The Federal Government says that the Medibank Private Share Initial Private Offering [IPO] offers retail investors an opportunity…

Clock is ticking on pension income test deadline

By Steve Blizard From January 1 2015 Centrelink will apply a stricter method in relation to assessable income so as to calculate government payment of benefits to retirees. The deadline means that there is a fast-closing window of opportunity for those most impacted, enabling the “grandfathering” of age pension and seniors heath card entitlements under…