Health Insurance

Private health insurance premiums will rise by an average of 4.41% from April 1, affecting about 15 million Australians. The increase is the largest in nine years and exceeds recent inflation, prompting questions about how premium rises are approved and whether higher costs are justified given insurers’ profitability and rising benefit payouts.

Australia’s biggest health funds are well known, but market share is only one part of choosing cover. This guide explains open vs restricted membership, for-profit vs not-for-profit structures, portability rules on waiting periods, and why comparing benefits can matter more than brand size.

Australia’s health insurance market is dominated by five large funds. Here’s a practical, neutral guide to how the biggest insurers compare on complaints ratings, out-of-pocket “gap” costs, discounts and key family policy rules—plus what to ask before you choose.

Home and contents insurance often excludes business activities, leaving freelancers and small business owners exposed if something goes wrong. This guide explains key covers—Public Liability, Product Liability and Professional Indemnity—using practical scenarios to show how business insurance can protect your assets, income and reputation.

Family health insurance can cover parents and dependent children under one policy, with options for Hospital cover, Extras, or both. Here’s how family policies work, what affects price, and what to check before you buy.