Health funds on the way to recovery

Article Abstract:

Australia's private health funds are expected to return to profitability in 1998-99, but the industry has more work to do to keep the funds profitable. The health funds industry lost $10.7 million in 1997-98 and $130 million in 1996-97. Health fund membership reached a high in December 1998 with 5.6 million people covered by health benefits organizations--30.1% of the population. The industry's main focus is finding ways to close gap payments. National Mutual introduced contractual no-gap services in 1997.

Australia, Direct Health and Medical Insurance Carriers, Hospital and medical service plans, Medical Care Insurance, Statistical Data Included, Management, Planning, Cover Story, Health insurance, Health insurance industry, National Mutual Life Association of Australasia Ltd.

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Consumers, not business, will feel the rates sting

Article Abstract:

The Reserve Bank of Australia will raise interest rates by 50 to 75 basis points by mid-2000, according to National Australia Bank. Business is in a strong position to adapt to interest rate rises, according to bankers, but the household sector will be negatively affected.

Forecasts and trends, Interest rates

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Victims of volatility

Article Abstract:

Australia's markets and international ones were very volatile in 2000 leading to poor returns for investors. Value managers had a good year in 2000 after two bad years previously.

Financial planning, Investments

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