Tag Archives: price

Health Minister undecided over private well being cover price hikes

Posted December 05, 2015 12:12:56

Federal Health Minister Sussan Ley has not ruled out approving increases for private overall health insurance premiums.

Ms Ley wants to apply higher scrutiny to rising expenses of private cover, citing an “overwhelming level of concern” among voters.

She has the capability as Wellness Minister to refuse price tag hikes, but told the ABC that practically nothing had been decided.

“I’m not ruling in or out what I may do,” she mentioned.

“What I am expressing is actual concern on behalf of consumers when they see private health insurance coverage premiums going up.”

External Link: Sussan Ley tweet

Half a million Australians have dropped or downgraded their private health insurance in the final economic year.

Ms Ley said men and women “dumping and downgrading” their policies meant they were not necessarily covering necessary procedures.

She mentioned it could also lead to unnecessary pressure on the public well being program.

“We can’t load up the public system with patients who would successfully describe themselves as private,” she stated.

Ms Ley mentioned she would investigate whether or not a stronger public-interest test in regards to approving premium increases, citing the need to have for a “circuit breaker”.

She has also extended the deadline for an on the internet survey, which has already received nearly 40,000 responses.

The Australian Competition and Customer Commission (ACCC) found Australia’s private well being sector was also complicated and drove customers to reduced-priced policies which lacked adequate coverage.

In its annual report on the business issued earlier this year, the ACCC said there had been a quantity of market place failures in private well being insurance that impeded consumers’ capability to make selections that are probably to be in their greatest interests.

Topics: government-and-politics, federal-government, overall health, health-insurance, australia

Agen Sabung Ayam

Iron ore boss bullish in spite of ten-year low price tag plunge

Posted December 04, 2015 23:00:34

Related Story: Aussie dollar up, investors to eye Australian GDP due later nowadays
Connected Story: ASX falls with energy and mining stocks faring the worst

The boss of iron ore at Rio Tinto is remaining bullish on extended-term demand for the commodity regardless of its price tag threatening to plunge beneath $ 40.

The iron ore price is edging close to a drop into the $ 30 variety, hitting a fresh ten-year low of $ 40.70 nowadays.

But Rio Tinto iron ore chief executive Andrew Harding mentioned the price tag had not “fallen off a cliff”, but was rather reflecting its extended-term typical.

“In reality what we’ve noticed, instead of a cliff which implies a plateau of permanently higher rates and then suddenly it disappeared, we in fact climbed a hill gradually and we’ve run down the other side in recent years,” he said.

“So that’s what the history is like, it’s not saying we’ve fallen off a cliff.

“The market’s really operating how markets constantly do in any commodity, not just mining, supply will follow demand, it does not pace perfectly with demand … it’s often bumpy.”

Mr Harding was speaking at an occasion to a crowd of junior miners, which are feeling the heat of tumbling prices.

The organization, along with its rival BHP Billiton have been accused of driving down the cost by adding provide to an already gutted marketplace, but both businesses have denied the claim.

Chinese steel mill demand causing price fluctuation

Mr Harding said the brief-term price tag weakness is being triggered by the purchasing behaviour of Chinese steel mills.

“The restocking in China usually happens about this time of year, and that is not operating at the rate that folks would have expected,” he said.

“Medium to extended-term very great, but we will be in volatile times as supply and demand in the close to-term come towards a balance.”

“Lengthy term, which is what you happen to be actually interested in lengthy-life mining operations … what is the world going to be like 15, 20, 30 years out?”

BHP Billiton iron ore chief executive Jimmy Wilson agreed.

“The iron ore price these days, … we’ve said for a long period of time that the price curve will flatten and rates will go up and down,” Mr Wilson stated.

The predicament is far more testing for the smaller Fortescue Metals Group (FMG), which has a wafer-thin margin at existing costs.

“We will have some struggles for some time, and no-one’s a good predictor of the iron ore value,” FMG executive director Peter Meurs said.

Regardless of the difficult conditions, Rio has not ruled out giving the green light to new greenfields mine Silvergrass, which would have the capacity to generate 21 million tonnes of iron ore a year.

Mr Harding stated new mines had been committed to on their lengthy-term worth.

“When you develop a mine, you happen to be not creating it for the day, it’s a multi-decade commitment, so what you’re interested in is how the cash flows play out over the extended term,” he mentioned.

The board will make a final investment decision on the Silvergrass mine next year.

Subjects: iron-ore, wa

Agen Sabung Ayam

Nvidia’s Shield Tablet K1 is (mostly) the same tab with a new low price

Agen Sabung Ayam

Specs at a glance: Nvidia Shield Tablet K1
Screen1920×1200 8-inch (283 PPI) IPS LCD
OSAndroid five.1.1 Lollipop (Marshmallow update coming by the end of the year)
CPUTegra K1 quad-core 2.2GHz Cortex-A15
GPUNvidia 192-core Kepler
Storage16GB or 32GB (plus up to 128GB micro-SD card)
Networking802.11n 2×2 Mimo two.4GHz and 5GHz Wi-Fi, Bluetooth four.
PortsMicro-USB, headphone, mini-HDMI
Camera5MP rear camera, 5MP front camera
Sizeeight.eight” × 5″ × .36″ (221 x 126 x 9.two mm)
Weight13.7oz (390g)
Battery5200mAh (non-removable)
Starting cost £149.99 (€199/$ 199)

Ah, the 7-inch Android tablet: as soon as the darling of Google’s Nexus lineup, now a largely neglected kind element relegated to low-finish devices with flaky screens and creaky plastics. That is not to say there are not any great little Android tablets out there—the Amazon Fire HD 6 and Lenovo Yoga 8 spring to mind—but they tend make sacrifices in screen high quality or speed in order to reach their wallet-friendly price tag points.

With a successor to Google’s aging Nexus 7 2013 unlikely to emerge any time soon, just where can you discover a modest, no compromises Android tablet that doesn’t price the Earth? Surprisingly, the answer is at Nvidia. Its new Shield Tablet K1—a slightly tweaked version of the original Shield Tablet released in July of 2014—retains its speedy specs, excellent complete HD screen, and largely stock version of Android although simultaneously dropping the price to an really competitive £149.99 (€199/$ 199).

If you want the greatest little Android tablet around, the Shield K1 is it.

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