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In April this year the Commonwealth Government announced its intention to sell Medibank Private, the health fund that has been government-controlled since its inception in 1976. Following public debate over the sale the government announced that the sale would not occur before 2008, but that it would proceed with the introduction of this Bill, in order to lay the groundwork for the sale.

In April 2006 the Commonwealth Government announced its intention to sell Medibank Private, the health fund that has been government-controlled since its inception in 1976. As with many proposals for privatisation of publicly owned or controlled entities, the proposal to sell Medibank Private has met with much controversy.

Following public debate over the sale the government announced that the sale would not occur before 2008, but that it would proceed with the introduction of this Bill, in order to lay the groundwork for the sale. The purpose of the Bill is to make amendments and introduce provisions necessary to give effect to the Government’s decision to sell Medibank Private in 2008.

Publication Details
Published year only: 
2006
38
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