If YOU timed the stock market like this, ASIC would be all over you. But when a politician does it? Nothing to see here!
According to The Daily Telegraph Peter Dutton just happened to buy bank shares at rock-bottom prices, right before the Rudd Government announced a $4B bailout—then cashed out for a 21% gain in just 12 days.
Coincidence? Or insider knowledge?
One rule for them, another rule for us.
A new study has underlined the feared health risks of sugar substitutes like aspartame, suggesting it could leave consumers at risk of heart disease. Details: https://t.co/eudeA46YZe
'GP visits to become free for most under $8.5b 'legacy defining' Labor Medicare promise'
Okay let's briefly unpack this.
The cornerstone of the policy is raising the rebate rate for GP consultations.
For a standard consult the rebate rises from $42.85 to $69.56 in a metro area.
A positive to be sure. But let's put it into perspective. According to the RACGP, in 2024 the average gap fee for those not qualifying for bulk billing is $37.
So at an average level for a standard consult, it covers about 72% of the gap that has developed over time.
The goal is to have 90% of all consultations bulk billed by 2030. It's worth making a distinction here though. This doesn't mean 90% of people get bulk billed though, it's the total number of consultations overall, which heavily skew toward the elderly who qualify for greater levels of govt support to ensure they are bulk billed.
Under the final year of the Morrison government 88.5% of GP visits were bulk billed.
So basically by 2030 things will be marginally better than they were under Morrison, statistically speaking.
There are also other elements to the policy focused on such increased training places.
Overall, it's a welcome change, but it's coming after over a decade of bipartisan neglect and greater intervention is required.
What this does illustrate however, is that a major dent can be made in the issue for less than 1 years worth of growth in the NDIS.
I may get into much greater detail on this in a full article at a later date.
https://t.co/EtMBqC2nhQ
Sharks fans are set to unite in a massive pre-game rally as they descend on Allianz Stadium for Friday night's semi-final against the Cowboys. https://t.co/Dyq3BPRt7l
For decades people have claimed to have been cured of their drug addictions—cocaine, opioids and more—after taking ibogaine, a psychedelic. But not everyone is convinced https://t.co/k8zJlIbgMg 👇
If the whale is confirmed to be albino, it will be only the second confirmed case along Australia's east coast — and citizen scientists are urged to be on the lookout. https://t.co/kcBDwNweIt