AUSTRALIA'S largest general insurer will source 30 per cent of its revenue overseas after acquiring one of Britain's biggest insurance companies for $1.4 billion. Shares in Insurance Australia Group (IAG) are barred from trading until tomorrow as the insurer tries to raise $600 million for the deal through a "book-build"..read more
IN ITS most dramatic expansion of private health care since taking office, the Howard Government will privatise Australia's biggest health fund, Medibank Private, and extend cover for treatment outside hospitals.
