The root of the entire problem. Government has to step in (not providing money). Simplest solution would be to remove tax deductibility for any fund paying out less than 70% to providers starting from the FY26 tax year and increasing by 1 percentage point to FY36 and 80%
Why on earth should any health fund be taking in 30%+ in administration fees and profits.
LNP would never do this. Current government could do it but they're too spineless coz the conservative press would be apoplectic. They've already lost their minds over the perfectly reasonable Super Tax.
The root of the entire problem. Government has to step in (not...
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Last
77.0¢ |
Change
0.005(0.65%) |
Mkt cap ! $423.6M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.0¢ | 75.5¢ | $1.171M | 1.522M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 55066 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 20000 | 1 |
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| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| HCW (ASX) Chart |