LATEST ARTICLES

Listed insurers ‘at peak’ as premium rises raise eyebrows

Listed insurers ‘at peak’ as premium rises raise eyebrows

Investors and analysts remain wary of ASX-listed insurers, concerned earnings are at a cyclical peak after years of strong returns. “The market tends to reward earnings recovery where it looks repeatable,” said Janice How, professor of finance at the Queensland University of Technology. “In insurance, that means disciplined pricing and careful risk management, not just …read more

Call to subsidise property cover to keep owners insured

Call to subsidise property cover to keep owners insured

Subsidised property insurance an important way to address the increasingly urgent problem of ballooning property insurance costs in high-risk regions, according to experts in the field. A scheme of that nature would keep home-owners in the insurance net but it would affect the price signal, said Paula Jarzabkowski, professor of Strategic Management at the University …read more

Flight from top health cover ‘an existential threat’

Flight from top health cover ‘an existential threat’

The rigid tiering of gold, silver and bronze basic levels of health insurance has made building a sustainable model for affordable top hospital cover “very difficult”, with warnings it could threaten the existence of the health insurance sector. “The trouble is that gold contains the cover for mental health and for maternity care, and if …read more

Rise in workers’ claims pushing business insurers to the brink

Rise in workers’ claims pushing business insurers to the brink

Workers’ compensation scheme reforms in NSW and Victoria have yet to have an impact on the soaring cost of business insurance, said Australian Industry Group CEO Innes Willox. Driven by a spike in mental health claims, particularly in the fields of healthcare and the public sector, workers’ compensation costs continue to outrun the reforms, he …read more

Languages a secret career weapon

Languages a secret career weapon

When the boys at Riverview College learn to conjugate Latin verbs, they are broadening and sharpening their minds, says the school’s deputy principal, teaching and learning, Lloyd Walker. “Cognitively, learning a second language sharpens analytical thinking, memory and perception in ways that carry across every area of study,” he says. “Beyond the academic, it builds …read more

Cultures bring a kaleidoscope of flavours to the west

Cultures bring a kaleidoscope of flavours to the west

Ben Nguyen launched the now popular Hai Au Lang Nuong Vietnamese restaurant in Sydney’s western suburb of Canley Vale more than 20 years ago, when nearby Cabramatta was widely seen as the centre of authentic Vietnamese dining. Cabramatta is still known as Little Saigon, but Canley Vale is growing as a restaurant destination and Nguyen …read more

Western Sydney, where housing is a dangerously hot topic

Western Sydney, where housing is a dangerously hot topic

Residents of Western Sydney now routinely dread the baking days of summer, when temperatures can soar into the 40s in some districts – heat of 44 degrees has been recorded at Badgerys Creek, 43.9 at Penrith Lakes, 43.8 at Richmond Airbase. Days when it’s too hot to let the kids play outside, too hot to …read more

Angels deliver vital link for bush

Angels deliver vital link for bush

Angel Flight has been flying rural Australians into cities for important medical and social reasons since 2003. Without a cent of government funding, the charity has helped country people get the healthcare city-dwellers take for granted: ongoing medical treatment for serious illnesses such as cancer and auto-immune disease, post-surgery rehabilitation, gynaecological and obstetrics screenings, as …read more

Plane good fortune and volunteer pilots bring gift of life

Plane good fortune and volunteer pilots bring gift of life

After more than 140 Angel Flight trips to Sydney for melanoma treatment, Rose Fletcher was given a formal all-clear this year. She was ready to relax for a while. Then she found a tumour on her knee. It’s been a hard journey. After 30 years’ hard work as a nurse at Warren hospital in central …read more

Defence’s new plan has a secret weapon: private cash

Defence’s new plan has a secret weapon: private cash

Defence has received more than 25 co-investment proposals in the three months since the Advanced Capabilities Investment Fund (ACIF) was launched, demonstrating broad support for the new ­financing model. Designed to boost the domestic defence industry, the ACI Fund offers co-contributions of up to $500m to encourage private sector investment in defence and in dual-use …read more