newsTracker

Former premier Bligh gets Medibank spot

Queensland Premier Anna Bligh.

NATIONAL: Former Queensland premier and privatisation champion Anna Bligh has been appointed to the board of Medibank Private, raising speculation the federal government-owned business could be sold off.

Finance Minister Penny Wong on Tuesday announced the new non-executive director role for Ms Bligh, whose Labor state government lost power earlier this year.

“Her expertise across a wide range of public policy areas will be of great value to Medibank,” Senator Wong said in a statement.

As Queensland Labor leader Ms Bligh championed the privatisation of key state-owned assets, including Forestry Plantations Queensland, the Port of Brisbane and coal-carrying rail lines in a bid to balance Queensland’s budget.

The federal coalition in early 2010 flagged its plan to sell off Medibank Private in move shadow treasurer Joe Hockey estimated could raise $4.5 billion.

Federal Labor has so far resisted a sale, saying it would cost the budget millions of dollars in foregone dividends, as well as put upward pressure on insurance premiums.

Ms Bligh starts her three-year term from December 21, replacing Philip Twyman, who joined the board in December 2007.

Meanwhile, Dr Cherrell Hirst has been re-appointed to the Medibank board for another three years.

In November, the government appointed former Queensland treasurer Andrew Fraser to the board of the Australian Sports Commission.

AAP

This entry was posted in Breaking News, News and tagged ,

One Comment

  1. Posted December 24, 2012 at 6:45 am | Permalink

    Bligh wrecked Queensland’s finances, bequeathing us an LNP dictatorship with open slather for the mega-rich and destruction of the environment (coal, gas).

    It figures that the ALP would find her a plum niche somewhewre.

    These incompetents always land on their feet.

    I’m just waiting for Peter Beattie to make his big re-entry. Some of his media cronies are already grooming him for it, like Tony Jones (ABC), who engineered the lies that triggered the Intervention.

    And on the other side, Mal Brough – see on this site “Bringing back the Brough: 10 of the worst things Mad Mal did in office”.

    Australian politics is one huge snakepit.

Post a Comment:

Your email address is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

The Latest Videos

Queensland’s Fantome history

QLD: In 1945 seven year-old Joe Eggmolesse was diagnosed with Leprosy. He was taken from his family under police escort, transported by rail and sea over a thousand kilometres to Fantome Island where he was to be incarcerated for the next ten years.

Picture Galleries

Boomerang 9

The Boomerang Festival was held on the October Long Weekend on Byron Bay.