A Cabinet minister yesterday said increasing contribution rates by themselves will “not be sufficient” to safeguard the National Insurance Board (NIB) fund and ensure it has a sustainable future.

This prompted Medibank to consider bulking up with growth options, and NIB was in its sights. Then a smallish mutual, NIB had been successful at targeting younger members, and Medibank with its ...

Data supplied by Morningstar and accurate on Jul 31, 2024. It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of ...