For young people, private health insurance is a costly trap
The current policy benefits insurers, not young people. But it hasn't always been this way.
In 1968, coronary heart disease caused close to half of all premature deaths in Australia among both men and women under 70 years. But this year, for the first time, coronary heart disease is not the leading cause of death in the country.
This year, the winners of The Block took home $520,000 in tax-free prize money. Meanwhile, the winner of the prestigious Miles Franklin Award paid at least a quarter of the $60,000 prize to the tax office. How did we get here and what can be done about it?