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.