Corporate level focus on cyber security is on the wane in Australia and New Zealand despite a 70 per cent surge in criminals targeting customer records, a report by BDO has revealed.
A new commissioner will be appointed to help oversee cyber security breaches as part of an overhaul of the sector in Australia, the government has announced.
About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.
Medibank chief executive Craig Drummond says the private health insurer's policyholder growth since the end of the last financial year is twice that of the prior corresponding period.
Dental services account for almost half of the extras claims made by customers of private health insurance giant Medibank, at more than $500 million, latest figures show.
Medibank Private has lifted half-year profit 1.9 per cent to $231.9 million as higher investment income offset lower returns from its core health insurance business.
Medibank boss Craig Drummond has committed to halting the decline in the private health insurer's market share by overhauling its approach to customers.
Medibank Private's annual profit has risen by 46.4 per cent to $417.6 million, but the health insurer says it needs to offer better value to customers.
Medibank Private won't be able to provide annual tax statements on time to the majority of its customers because of a problem upgrading its technology.
Women are being appointed to ASX200 boards at a faster rate than ever, but a number of major Western Australian companies remain without any female representation on their boards.
Medibank Private has hired Craig Drummond, an experienced banker who helped transform National Australia Bank, to run Australia's biggest private health provider.
Profit has soared at Australia's biggest private health insurer Medibank Private, thanks to premium rises and a crackdown on improper health insurance claims.
SPECIAL REPORT: A small but growing Perth-based health insurance fund believes the market dominance of HBF is an unnatural position that can't last in an increasingly competitive market.
Only four out of Western Australia's top 20 companies currently meet a gender target set by the Australian Institute of Company Directors, which wants women to fill 30 per cent of board positions on S&P/ASX 200 companies within three years.
Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.
A new program aimed at prevention for those at risk of type 2 diabetes, and the management of those already diagnosed with the chronic disease, will seek support from Western Australia's largest he
Mutual health funds including Western Australia's market leader, HBF, have launched their combined push to take on the private players, which now dominate the sector following the listing of Medibank Private, as well as the growing threat from online aggregators.
Could health insurance follow the superannuation sector, where industry funds have collectively taken on private retail players? WA's biggest fund, HBF, is leading a national alliance of not-for-profit health insurers, which are now a minority following the recent privatisation of Medibank Private.
When Australia's health insurance funds increased their premiums at the start of April it was Western Australian fund HIF that had the lowest increases across the board.
