Private health insurance industry seeks Labor love

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By Leith van Onselen

Back in January, Labor leader Bill Shorten gave a speech to the Press Club claiming Australia’s private health insurance industry is “treating Australians like mugs” and “gouging people on the basis of a con”. Labor also flagged that it would cap health insurance premium increases at 2% per annum.

Now, with Labor looking certain to take office next year, the private health insurance industry has begun lobbying Labor. From The Australian:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.