Analysis: What does the sale of Medibank Private mean for policyholders?

The Abbott government has confirmed it will sell Medibank Private after a scoping study.

Sign on a Medibank building

(AAP)

The health insurer will be put on the boards of the Australian Stock Exchange, and while Finance Minister Mathias Cormann wouldn’t comment how much the government could stand to make from the sale, some analysts say it could fetch around $4billion.
 
Medibank Private has around 3.8 million policyholders, so what does its sale mean for them?
 
And which other widely used government business may be next?
 
SBS Presenter and Business Reporter, Ricardo Goncalves spoke with Eureka Report financial commentator, James Kirby for more.

Share
1 min read

Published

Updated

By Ricardo Goncalves
Source: SBS

Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world