Part 1: Revenue Measures
Finance and Deregulation
Medibank Private Limited — conversion to a 'for profit' government business enterprise
| 2008‑09 | 2009‑10 | 2010‑11 | 2011‑12 | 2012‑13 | |
|---|---|---|---|---|---|
| Department of Finance and Deregulation | nfp | nfp | nfp | nfp | nfp |
| Australian Taxation Office | nfp | nfp | nfp | nfp | nfp |
| Total | ‑ | ‑ | ‑ | ‑ | ‑ |
The Government will convert Medibank Private Limited (MPL) to a 'for profit' Government‑owned business enterprise in early 2009‑10. This will improve the competitive neutrality between MPL and 'for profit' competitors by making MPL liable for company tax and dividends, which will help drive future efficiency gains. These payments have not been published due to their commercial nature.
The Government remains committed to keeping MPL in public hands.
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