Australian Banks' profits and dividends are going to be under downward pressure as they face a perfect storm of negatives.
Donald Trump's mastery of Twitter helped him to win the white House - but a lack of trust in Hilary Clinton played an even greater role.
Many medical specialist earn (after costs but pre-tax) in excess of $1 million per annum.
The main solution would be for the federal government to fund many more registrar positions in state government hospitals. This would generate more skilled specialists, and competition would drive their prices down.
While Australia has one of the best and more cost effective health systems in the Western world, it suffers from a major anomaly. The Federal Government pays (via the Medicare Levy and other taxes) all of the standard costs of Medical Procedures and General Practitioner Costs. The State Governments pay for the costs of running and staffing Public Hospitals.
In just over 40 years of experience in the corporate world, I have seen, or heard of just about everything that Boards, Chairman, and Company Secretaries can get wrong.
Many people will love these ideas. Many will hate them. Most people will like the ideas that help their hip pocket and/or their children’s future.