Health

Industry research and insights for the Health sector.

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Insights, Trends & Case Studies

Starting small delivers big pay-off

Starting small delivers big pay-off

31 January 2024

Jade Ek used the experience managing her husband’s dental practices to step out on her own. Launched in 2006, her Supreme Dental Group has been on a growth trajectory ever since.

Starting small delivers big pay-off

Article

NAB Australian Wellbeing Survey Q3 2023

NAB Australian Wellbeing Survey Q3 2023

27 October 2023

Household financial stress eases after rising for the past 6 quarters as Australians grow more accustomed to a number of ongoing pressures, but financial concerns are still climbing among lower income earners.

NAB Australian Wellbeing Survey Q3 2023

Insight

NAB Health Insights Special Report (Part 3) 2023

NAB Health Insights Special Report (Part 3) 2023

21 August 2023

The latest NAB Health Insights Special Report (Part 3) provides an exploration into Australian consumer e-health usage and satisfaction levels. The report is now available for download. 

NAB Health Insights Special Report (Part 3) 2023

Report

Open 365 days a year? The medical chain shifting gears

Open 365 days a year? The medical chain shifting gears

29 June 2023

Henry Bateman built his first Cornerstone Health medical centre to make quality primary care accessible to everyone. Seven years and 13 centres later, the combination of bulk billing, extended hours and a range of on-site services has proved a winner for patients and practitioners alike.

Open 365 days a year? The medical chain shifting gears

Article

Rethinking emergency care a win for doctors and patients

Rethinking emergency care a win for doctors and patients

18 April 2023

It was always going to be a bold move: launching a privately owned emergency clinic. Dr Pankaj Arora shares why he launched WiSE clinics, how he funds them and what’s behind their 5- to 10-minute window to see a doctor.

Rethinking emergency care a win for doctors and patients

Article

Australians turn toward preventative health

Australians turn toward preventative health

14 March 2023

Australians are more focused on preventative health than ever, presenting opportunities for businesses and practitioners. But there is still room for improvement and financial incentives may hold the key.

Australians turn toward preventative health

Insight

From rural health recruitment to 65 medical centres

From rural health recruitment to 65 medical centres

17 January 2023

While practising in the NSW outback, doctors Hamish Meldrum and Ross Lamplugh had a passion to improve rural and remote healthcare. Today, the result is Ochre Health - a national network of 65 medical centres and two medical recruitment businesses. And they're not done yet.

From rural health recruitment to 65 medical centres

Article

A brilliant career built on dedication and determination

A brilliant career built on dedication and determination

9 September 2022

“I feel very fortunate to do what I always wanted to do.” President of The Australian & New Zealand Association of Oral & Maxillofacial Surgeons Dr Patrishia Bordbar tells us about her incredible journey from a young girl in Iran to her career today as a renowned surgeon.

A brilliant career built on dedication and determination

Article

MT: UK and Europe move from bad to worse, RBA today

MT: UK and Europe move from bad to worse, RBA today

6 September 2022

Eurozone bonds yields and stocks falling on the latest jump in energy prices – both oil and gas – following confirmation the NordSteeam1 gas pipeline will remain shut while Russian sanctions are in place.

MT: UK and Europe move from bad to worse, RBA today
Markets Today: Putin ends Goldilocks moment

Markets Today: Putin ends Goldilocks moment

5 September 2022

A goldilocks payrolls report failed to support risk assets on Friday, with equities and the USD quickly reversing on news that Russia was not restarting gas flows through the Nord Stream pipeline

Markets Today: Putin ends Goldilocks moment
NAB Australian Wellbeing Survey Q1 2022

NAB Australian Wellbeing Survey Q1 2022

18 May 2022

Australia’s wellbeing falls, but the gap by income now at its narrowest in almost 3 years. Wellbeing diverging across the country, highest in TAS & lowest in WA. Home ownership a significant differentiator. Household financial stress up slightly but falling for low income earners & rising sharply for those on higher incomes. The share of Australians experiencing some form of financial hardship now at a survey low.

NAB Australian Wellbeing Survey Q1 2022

Insight

Property Insights Webinar

Property Insights Webinar

15 February 2022

Peter Loukas, Property Executive NAB presents his insights on the residential property survey.

Property Insights Webinar

Webinar

NAB Australian Wellbeing Survey Q3 2021

NAB Australian Wellbeing Survey Q3 2021

16 December 2021

Australia's wellbeing levels fall sharply as lockdowns bite in several states. But financial stress has eased & fewer Australians are experiencing financial hardship.

NAB Australian Wellbeing Survey Q3 2021

Insight

Corporate care: Where it started, where it’s going

Corporate care: Where it started, where it’s going

17 September 2021

Corporate care, also known as the integrated health model, radically altered the care model of General Practice. Twenty-five years later, how have multi-disciplinary practices proved their worth for patients and practitioners?

Corporate care: Where it started, where it’s going

Article

Value-based healthcare: why less is more

Value-based healthcare: why less is more

18 June 2021

Better for patients, practitioners and taxpayers, value-based healthcare takes a more holistic approach to funding and treatment – and it’s gaining momentum.

Value-based healthcare: why less is more

Article

The business of health: what the future has in store

The business of health: what the future has in store

18 December 2020

It was the biggest health crisis in a generation yet, during the worst of the 2020 pandemic, many primary care practices were quieter than ever. As recovery gets under way, we study COVID’s current and future impact on operating a healthcare business.

The business of health: what the future has in store

Article

More affordable and specialist homes

More affordable and specialist homes

11 October 2019

More Australians will be able to access affordable housing following a $2 billion commitment from NAB which will see more homes being built across the nation.

More affordable and specialist homes
The future of health: CSIRO’s 4 key predictions

The future of health: CSIRO’s 4 key predictions

29 April 2019

CSIRO’s Future of Health report details what’s needed to keep Australia’s health system efficient, equitable and affordable. Here, we examine four key themes for healthcare business owners.

The future of health: CSIRO’s 4 key predictions
State Economic Handbook: April 2019

State Economic Handbook: April 2019

18 April 2019

Deterioration in conditions in most states, with current momentum negative. Household sector weakness evident, investment still ok (outside mining), while agri. facing easing prices and needs rain. Housing sector downturn, population growth centred on the eastern states, agricultural prices easing.

State Economic Handbook: April 2019
The case for sustainable healthcare

The case for sustainable healthcare

23 January 2019

There’s growing awareness across industry, government and the community that we need to improve the way we design, build and operate the buildings in which we heal.

The case for sustainable healthcare
The business of health in the digital age

The business of health in the digital age

5 December 2018

Healthcare providers want to operate efficiently while providing the best possible care for their patients. Here’s how digitisation – My Health Record specifically – can help with both.

The business of health in the digital age
Could corporate health be for you?

Could corporate health be for you?

16 October 2018

There are good reasons to join forces with like-minded medical practitioners – but there are challenges to consider, too. NAB Health’s Tim Daha and Stephen Power take a look at the pros and cons of corporate medicine.

Could corporate health be for you?
Why I do what I do

Why I do what I do

24 August 2018

Passion, history, ambition. There can be many reasons business owners follow their dream. We asked five company heads to explain their ‘why’.

Why I do what I do
NAB increases its business focus on health

NAB increases its business focus on health

20 July 2018

NAB is determined that our country’s small and medium sized enterprises, our country’s engine room, can embrace opportunities in the years ahead. For the health sector, we believe it’s a matter of ‘go forth and grow’.

NAB increases its business focus on health
NAB Infrastructure Survey 2018

NAB Infrastructure Survey 2018

4 July 2018

New research released today by NAB shows electricity and roads have the biggest impact on our daily lives - affecting almost 1 in 2 people (either positively or negatively).

NAB Infrastructure Survey 2018
Is eHealth the key to a healthier practice?

Is eHealth the key to a healthier practice?

19 June 2018

An ‘e’ prefix tends to indicate a technological leap forward, and that’s certainly the case for ‘eHealth’. It’s helping patients manage their own health and changing their relationship with healthcare providers. So, where does that leave your bottom line? NAB’s Cameron Fuller examines the impact of technology and contemplates potentially profitable new business models.

Is eHealth the key to a healthier practice?
24 Hours with Elissa Renouf

24 Hours with Elissa Renouf

20 May 2018

Rising to the challenge of parenting four children with Type 1 diabetes prompted Elissa Renouf to found Diabete-ezy, a rapidly expanding business whose products help other sufferers manage the condition. We spend a day with her in export and expansion mode.

24 Hours with Elissa Renouf
Australian Housing Market Update: May 2018

Australian Housing Market Update: May 2018

16 May 2018

Nationally dwelling values continued their downwards trend last month; the seventh consecutive month on month decline since the national index series peaked in September last year.

Australian Housing Market Update: May 2018
Spikes in demand: preparing

Spikes in demand: preparing

10 May 2018

A big order could completely transform your business but there’s a limit to how much anyone (or any small business) can handle. BDO partner Dr Mark Pizzacalla and Total Image Group CEO Pamela Jabbour discuss preparation, parameters and being strong enough to say ‘no’.

Spikes in demand: preparing
Face it: the future is here

Face it: the future is here

10 May 2018

Biometric authentication is being rolled out across various industries – and the possibilities feel endless.

Face it: the future is here
Healing power of sweet design

Healing power of sweet design

4 May 2018

Daylight, a sense of space, a natural outlook… architecture professor Julie Willis on how Australia is taking up the ethos of beautiful hospital design.

Healing power of sweet design
The secrets of successful goal-setting

The secrets of successful goal-setting

20 April 2018

Setting goals can drive business success – but it doesn’t come naturally to many small business owners. Consultant and author Stephen Barnes shares tips on how to get started, how to set effective goals and how to motivate your staff to reach their targets.

The secrets of successful goal-setting
Australian Housing Market Update: April 2018

Australian Housing Market Update: April 2018

16 April 2018

Australian dwelling values held firm in March, with the combined capitals continuing a softening trend, recording a 0.2% fall, while regional markets saw a 0.4% rise in values over the month.

Australian Housing Market Update: April 2018
Taking dermatology out of town

Taking dermatology out of town

22 March 2018

Online dermatology consults for rural Australians… how a ground-breaking new Teledermatologist platform is delivering specialist care to rural and remote patients.

Taking dermatology out of town
NAB Monthly Business Survey: February 2018

NAB Monthly Business Survey: February 2018

13 March 2018

The business conditions index moved 3pts higher to +21 index points. This is a record high since the monthly survey commenced in March 1997, although the same measure in NAB’s quarterly survey reached this level in 1994.

NAB Monthly Business Survey: February 2018
Australian Housing Market Update: March 2018

Australian Housing Market Update: March 2018

13 March 2018

Nationally, dwelling values recorded their fifth consecutive monthly decline in February, taking the value of housing 0.8% lower since the market peaked in September last year.

Australian Housing Market Update: March 2018
Sustainable business changes the face of remote communities

Sustainable business changes the face of remote communities

6 March 2018

The award-winning Arnhem Land Progress Aboriginal Corporation has created jobs in some of Australia’s most isolated communities. CEO Alastair King explains how ALPA is creating the jobs that are key to building successful communities in remote locations.

Sustainable business changes the face of remote communities
Chatbots: plugging the gaps in healthcare and banking

Chatbots: plugging the gaps in healthcare and banking

21 February 2018

Chatbots are ready to answer questions 24 hours a day – a big plus when you’re talking health or finances. Dana Bradford, senior research scientist at CSIRO, and NAB’s head of innovation Jonathan Davey discuss how conversations with machines could make life easier.

Chatbots: plugging the gaps in healthcare and banking
Australian Housing Market Update: February 2018

Australian Housing Market Update: February 2018

15 February 2018

CoreLogic reported further slippage in dwelling values over the first month of 2018, with national dwelling values recording their second consecutive month on month decline. After dwelling values held firm in October and November, they slipped by a third of a percent in both December and January to be down 0.7% from their peak.

Australian Housing Market Update: February 2018
NAB Quarterly Business Survey: December Quarter 2017

NAB Quarterly Business Survey: December Quarter 2017

8 February 2018

The quarterly NAB Business Survey gives a more in-depth probe into the conditions facing Australian business than the monthly survey, and also provides extra information about how firms perceive the outlook for their respective industries.

NAB Quarterly Business Survey: December Quarter 2017
Helping to finance the hospitals of the future

Helping to finance the hospitals of the future

31 January 2018

As the cost of healthcare continues to rise, state and federal government budgets are facing a growing challenge of balancing the competing needs of health-care expenditure with other areas of spending such as schools and roads.

Helping to finance the hospitals of the future
The race is on: why Australia can lead in health innovation

The race is on: why Australia can lead in health innovation

25 January 2018

The race is on to cut costs and save lives. As a nation, we have an impressive history of healthcare innovation – but what of the future? And what’s our place in the race to find new, cost-effective ways to diagnose, treat and prevent illness?

The race is on: why Australia can lead in health innovation
Health professionals, are you making the most of your accountant?

Health professionals, are you making the most of your accountant?

12 January 2018

Could you get more value from your financial services provider? If you only ever talk tax, you could be missing out. Stannards’ Marino Angelini explains changes in the health practice and accountant relationship and why wealth building, cost cutting and asset protection should all be part of the service.

Health professionals, are you making the most of your accountant?
Tree change? The pros and cons of running a rural pharmacy

Tree change? The pros and cons of running a rural pharmacy

20 October 2017

What does it take to run a successful rural pharmacy? Two business owners – including the winner of this year’s Pharmacy Guild of Australia’s Pharmacy of the Year Award – discuss the challenges and rewards of working in a small town.

Tree change? The pros and cons of running a rural pharmacy
State Economic Handbook: October 2017

State Economic Handbook: October 2017

17 October 2017

Economic growth in most states is expected to strengthen somewhat in 2017-18 before moderating a little in 2018-19 as dwelling investment and LNG exports peak.

State Economic Handbook: October 2017
The day after tomorrow’s economy

The day after tomorrow’s economy

25 August 2017

NAB’s Mark Todd and a panel considered the future of fintech and the implications for investment at the KangaNews-NAB Fixed Income Beyond the Institutional Sector Summit.

The day after tomorrow’s economy
Interlinking expertise

Interlinking expertise

15 August 2017

Using cross-sector partnerships to connect and capture data that underpins system-wide problem solving can create better societal outcomes.

Interlinking expertise
A New Architecture for Social Good

A New Architecture for Social Good

3 August 2017

The second report in the Catalyst Insights Series, was developed following a roundtable focused on enabling the public and the private sector to work together to create better societal outcomes.

A New Architecture for Social Good
NAB Monthly Business Survey: June 2017

NAB Monthly Business Survey: June 2017

11 July 2017

Business conditions hit another multi-year high, with most industries performing well. Stronger trading conditions (sales) and profitability drove the improvement, while employment conditions were steady.

NAB Monthly Business Survey: June 2017
Corporate volunteering? Doing well by doing good

Corporate volunteering? Doing well by doing good

11 May 2017

Corporate social responsibility sounds like an excellent idea but in practice it often goes straight into the too-hard basket. Here’s how taking your staff away from the daily grind can save your business in all the ways that matter.

Corporate volunteering? Doing well by doing good
Turning to customers for the answers: Australia’s future infrastructure

Turning to customers for the answers: Australia’s future infrastructure

1 May 2017

Research by NAB shows Australians don’t think about infrastructure projects as just concrete, bricks and mortar, but rather as the services or conveniences that are derived from them. The role of the customer, and their satisfaction, has been a weakness in the infrastructure governance settings for some time.

Turning to customers for the answers: Australia’s future infrastructure
NAB Australian Wellbeing Index: Q4 2016

NAB Australian Wellbeing Index: Q4 2016

26 April 2017

Australians remain highly anxious. While having more money might solve some of our concerns, it would do little to solve some of the biggest detractors of wellbeing. But, it could help close the “wellbeing gap” between high and low income earners.

NAB Australian Wellbeing Index: Q4 2016
Take the pressure down

Take the pressure down

18 April 2017

Leanne Faulkner was riding a wave of success building a fast-growing start-up until the business slowed and the stress took its toll on her health. Now she’s helping others learn how to cope with the pressure.

Take the pressure down
China’s healthy appetite for Australian wellness

China’s healthy appetite for Australian wellness

18 March 2017

Australian businesses in the healthcare sector are well positioned to capitalise on significant changes in the Chinese healthcare system as major demographic shifts unfold in the world’s second largest economy.

China’s healthy appetite for Australian wellness
The door to China opens for Australian healthcare

The door to China opens for Australian healthcare

15 March 2017

China’s rapid economic development and urbanisation have had a major impact on the health of city-dwellers. Changes in diet and lifestyle have triggered an increase in the incidence of chronic ‘western’ illnesses such as diabetes and coronary heart disease. And, while greater wealth, improved living conditions and access to better medical care are extending lives, an ageing population brings its own set of challenges.

The door to China opens for Australian healthcare
How Careline went from a small shop in Parramatta to a global exporter

How Careline went from a small shop in Parramatta to a global exporter

12 February 2017

When Careline first entered the international market place with their infant formula products, they faced some very tough competition and had not yet developed relationships with big local distributors. Now, they can successfully boast China as one of their main export markets, along with Thailand, Singapore, Macau and Hong Kong.

How Careline went from a small shop in Parramatta to a global exporter
Service economy blooming

Service economy blooming

14 November 2016

While the 24-hour news cycle may talk down Australia’s transition from a commodity to service economy, the figures tell a different, and very positive, story.

Service economy blooming
Consumer spend at direct care Health Practitioners

Consumer spend at direct care Health Practitioners

18 October 2016

This report provides a first look at Australian household spending patterns across a range of patient care practitioners (excluding GP’s, hospitals, pharmacies) based on transactions made through NAB’s health payment systems.

Consumer spend at direct care Health Practitioners
CEO Seat: Western Health’s Associate Professor Alex Cockram

CEO Seat: Western Health’s Associate Professor Alex Cockram

11 October 2016

An early love of horses almost led Western Health CEO Alex Cockram to become a veterinarian but her great interest in people’s lives, motivations and their resilience inspired her into psychiatry. It’s what’s still inspiring her today.

CEO Seat: Western Health’s Associate Professor Alex Cockram
Big data heats up the health sector

Big data heats up the health sector

26 September 2016

A commitment to big data is helping the NSW Ministry of Health not only save costs but save lives, from identifying patterns early to ultimately reducing the number of people who end up in the emergency department.

Big data heats up the health sector
Improving Community Connections – August 2016

Improving Community Connections – August 2016

11 August 2016

Through our research on wellbeing Australians have told us that they believe it is important for them to feel “connected” with their local community. But how connected do they really feel and what would they change within their communities to improve their sense of personal wellbeing?

Improving Community Connections – August 2016
Partnerships with consumers – good practice, good business, good policy

Partnerships with consumers – good practice, good business, good policy

9 August 2016

This report looks into the growing trends of digitisation and how that is driving deeper partnerships with consumers. It is based on insights from industry experts, clients, NAB Health’s analysts, plus key strategy executives representing practitioners, pharmacists, and corporate health.

Partnerships with consumers – good practice, good business, good policy
NAB Online Retail Sales Index: Indepth report – June 2016

NAB Online Retail Sales Index: Indepth report – June 2016

3 August 2016

National Australia Bank’s latest Online Retail Sales Index (NORSI) shows online spending grew by 13.5% in the 12 months to June 2016. While still strong, growth has flattened from the year-on-year growth seen back in 2011 when the index was first established.

NAB Online Retail Sales Index: Indepth report – June 2016
Planning for success in a general practice

Planning for success in a general practice

1 August 2016

Every business needs a plan, including a general practice. Dr Neville Steer and accountant Sue Prestney discuss the benefits of keeping a business plan short and simple.

Planning for success in a general practice
Healthy benefits from new domain names

Healthy benefits from new domain names

22 July 2016

A host of new domain name extensions are providing health practitioners with new branding and search marketing opportunities, as well as creating a level of trust and credibility for the overall sector.

Healthy benefits from new domain names
State Economic Handbook:  July 2016

State Economic Handbook: July 2016

21 July 2016

Solid growth across the large south-eastern states has become increasingly entrenched over the past year, while difficult conditions in the mining sector are having a more pervasive impact across Western Australia, the Northern Territory and parts of Queensland.

State Economic Handbook:  July 2016
New strategies for keeping seniors out of hospital

New strategies for keeping seniors out of hospital

8 June 2016

Continued growth in the ageing population is expected to generate business for healthcare providers. Strategic Professor Susan Gordon, South Australian Chair of Restorative Care at Flinders University, explains the benefits of differentiating your services to meet older people’s evolving needs.

New strategies for keeping seniors out of hospital
How Australian business views the sharing economy

How Australian business views the sharing economy

13 April 2016

The sharing economy is growing at a rapid rate, as new business models based on ‘access to’ rather than ‘ownership of’ physical and human assets like skills, time and space, continue to emerge.

How Australian business views the sharing economy
Road from practitioner to designer

Road from practitioner to designer

8 April 2016

Queensland podiatrist and physiotherapist Caroline McCulloch launched FRANKiE4 after spotting a gap in the women’s shoe market for styles that are both comfortable and fashionable.

Road from practitioner to designer
Australian housing market update – March 2016

Australian housing market update – March 2016

18 March 2016

The first two months of the year have seen the housing market regain some of the losses recorded over the final quarter of 2015, with capital city dwelling values rising by half a percent in February following a 0.9% rise in January to take our hedonic index 1.4% higher over the year to date.

Australian housing market update – March 2016
Five ways to create a thriving community pharmacy

Five ways to create a thriving community pharmacy

18 March 2016

Kim Brotherson, Managing Director of Pharmacy 777 and Bruce Annabel, Pharmacy Business Consultant and Adjunct Professor of Pharmacy Management at QUT, share their top five tips for creating a thriving community pharmacy.

Five ways to create a thriving community pharmacy
NAB Wellbeing Report: Q4 2015

NAB Wellbeing Report: Q4 2015

7 March 2016

In this report, we take a look at longer term wellbeing trends, focussing on those groups that have historically reported the lowest wellbeing.

NAB Wellbeing Report: Q4 2015
The business of kids’ health.

The business of kids’ health.

3 March 2016

VIDEO: Monica Meldrum shares the increasing demand for ‘clean’ food and how her fast-growing business Whole Kids is committed to improving children’s health.

The business of kids’ health.
Number crunch: Business innovation

Number crunch: Business innovation

23 February 2016

Innovation is a key driver of business success. It’s typically defined by a firm’s knowledge of the market and customers, constant process reviews, learning from failures and passion and drive.

Number crunch: Business innovation
Investing in happy, healthy workers

Investing in happy, healthy workers

22 February 2016

The health and wellbeing revolution is sweeping through workplaces, with forward-thinking companies making an effort to promote healthier lifestyles, more flexible working conditions and better work-life balance. We discuss some simple ways SMEs can get on board.

Investing in happy, healthy workers
Five tips for protecting your IP

Five tips for protecting your IP

15 February 2016

Intellectual property covers everything from your brand to customer lists. It could be your most valuable asset, so how can you best protect it? Bill Ladas, Special Counsel at King & Wood Mallesons, and Tara Tissott, Legal Counsel at NAB, discuss the options.

Five tips for protecting your IP
Where are the opportunities for healthcare in 2016?

Where are the opportunities for healthcare in 2016?

24 December 2015

Significant government reforms, shifting demographics and increased access to nationwide health data will underpin opportunities – both foreign and domestic – for Australian healthcare providers in 2016. NAB’s Paul Littleton and Dean Pearson highlight the key trends.

Where are the opportunities for healthcare in 2016?
NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015

NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015

23 December 2015

The NAB Quarterly Australian Behaviour Survey (formerly NAB Consumer Anxiety Report) shows consumer anxiety falling again (and to its lowest level since Q4 2014), amid more signs of improvement in the labour market and non-mining segments of the economy.

NAB Quarterly Australian Consumer Behaviour Survey: Q4 2015
Physio industry builds social media muscle

Physio industry builds social media muscle

22 December 2015

The peak representative body for Australia’s physiotherapists is using social media as a valuable tool to engage and benefit its members, but also to boost awareness of the profession and its role in the community.

Physio industry builds social media muscle
NAB Group Economics: Special Report

NAB Group Economics: Special Report

21 December 2015

Many Australians dream of a financial windfall that would significantly improve their lives forever, but how much is enough? In this special report, we ask over 2,000 Australians to tell us how much they need.

NAB Group Economics: Special Report
A practice manager takes care of the business

A practice manager takes care of the business

9 December 2015

The right practice manager can improve the profitability and viability of a practice. GP Philip Gribble of the Clare Medical Centre and Gillian Leach, National CEO of the Australian Association of Practice Management, discuss the benefits of employing someone to take care of business.

A practice manager takes care of the business
Calls for pharmacists to expand their role

Calls for pharmacists to expand their role

30 November 2015

An expanded role for pharmacists could reduce pressure on GPs and emergency departments. George Tambassis, National President of the Pharmacy Guild of Australia, and GP Kean-Seng Lim, who has a pharmacist in his practice, discuss the benefits for patients, health practitioners and the public purse.

Calls for pharmacists to expand their role
GPs take on the role of managing multidisciplinary care

GPs take on the role of managing multidisciplinary care

17 November 2015

Managing chronic conditions is a complex process. GP Tim Koh, co-owner of the Ocean Keys Family Practice in Western Australia, discusses how a multidisciplinary approach can help patients to take better care of themselves and why a GP is best placed to co-ordinate the team.

GPs take on the role of managing multidisciplinary care
Australia-China healthcare opportunities

Australia-China healthcare opportunities

10 November 2015

One of China's two millennial goals, which mark the hundredth anniversary of the establishment of the Communist Party, is to complete a transition to what it calls a 'middle income' country by 2020-21. Keeping this all-important emerging middle class happy and healthy will be politically and economically crucial for the government and country as a whole.

Australia-China healthcare opportunities
NAB Wellbeing Report: Q3 2015

NAB Wellbeing Report: Q3 2015

30 October 2015

Australia’s wellbeing has risen to its highest level since mid-2013, with levels of happiness, life satisfaction, life worth and anxiety all improving, the latest NAB Wellbeing Index has found.

NAB Wellbeing Report: Q3 2015
CEO Seat: Dr Jane Thomason on giving back

CEO Seat: Dr Jane Thomason on giving back

27 October 2015

Public health expert Dr Jane Thomason has spent the past 16 years as Chief Executive Officer of JTA International, the healthcare development consultancy she founded in 1999.

CEO Seat: Dr Jane Thomason on giving back
Investing in a new medical practice

Investing in a new medical practice

15 October 2015

A new medical practice can be designed to reflect your vision and may also cost less than an established business. Nathan Marris, Relationship Manager at Medfin Finance, shares his tips for success, and practice owner Dr Prema Joseph discusses why she chose to start from scratch.

Investing in a new medical practice
Eyes through the sky

Eyes through the sky

13 October 2015

Professor Yogesan Kanagasingam, Research Director of the CSIRO’s Australian e-Health Research Centre, is using the NBN Satellite to conduct remote eye screening in remote indigenous communities. He’s expanded the reach of the Remote-I platform to China.

Eyes through the sky
Health in Focus: Aged services insights

Health in Focus: Aged services insights

9 October 2015

Health represents one of the largest and fastest growing sectors of the Australian economy. This insight paper has been prepared by NAB Health to address current issues and trends emerging in the Australian Aged Care Services sector.

Health in Focus: Aged services insights
How Eureka is making retirement more comfortable

How Eureka is making retirement more comfortable

15 September 2015

Robin Levison, Chairman of ASX-listed Eureka Group Holdings, is running a ‘shared value’ enterprise, providing quality, affordable housing for low-income seniors and giving a return to shareholders at the same time.

How Eureka is making retirement more comfortable
State Economic Handbook: Shifting sands

State Economic Handbook: Shifting sands

11 September 2015

Economic activity is shifting back to the eastern seaboard as the economy transitions towards non-mining sources of growth with domestic demand will be strongest in New South Wales and Victoria.

State Economic Handbook: Shifting sands
NAB Quarterly Australian Consumer Anxiety Index – Q3 2015

NAB Quarterly Australian Consumer Anxiety Index – Q3 2015

9 September 2015

Australian's are feeling less anxious underpinned by lower stress associated with retirement funding, cost of living, job security and health. And for the first time, NAB’s Consumer Anxiety report sheds light on spending behaviours across states.

NAB Quarterly Australian Consumer Anxiety Index – Q3 2015
Telstra’s huge play in eHealth

Telstra’s huge play in eHealth

2 September 2015

Telstra has now invested $237 million in 17 healthcare industry acquisitions, investments and partnerships in order to roll out numerous eHealth initiatives, with the ambition of establishing itself as Australia’s leading eHealth provider.

Telstra’s huge play in eHealth
Heads up on mental health

Heads up on mental health

17 August 2015

In recognition that a mentally healthy workplace can start with a single employee – and a conversation – here are some tips to make your workplace mentally healthy.

Heads up on mental health
CEO Seat: Trish Hogan on transforming Pindara Private Hospital

CEO Seat: Trish Hogan on transforming Pindara Private Hospital

13 August 2015

As CEO of Pindara Private Hospital for the past seven years, Trish Hogan has steered more than $110 million worth of development, transforming the Ramsay Health Care-owned operation into the largest and most comprehensive private hospital on the Gold Coast.

CEO Seat: Trish Hogan on transforming Pindara Private Hospital
How to protect your assets and practice

How to protect your assets and practice

30 July 2015

Without appropriate protection, your hard-earned assets could be at risk. Paul Jarvis, whose team manages the wealth of clients in the NAB Health sector, discusses how insurance, tax planning and a collaborative team of advisers can help you build a successful practice.

How to protect your assets and practice
The business of building a successful practice

The business of building a successful practice

20 July 2015

Like every other business owner, a general practitioner (GP) needs a business plan. Tristan Bond, Founder of The Healthcare Business Group, and GP Dr Karen Price discuss the benefits of a plan, what it should cover and how a business coach could help doctors to stay on track.

The business of building a successful practice
NAB Quarterly Australian Wellbeing Index: Q2 2015

NAB Quarterly Australian Wellbeing Index: Q2 2015

17 July 2015

Family relationships and safe communities critical to Aussies’ wellbeing. In an effort to better understand why Australians feel the way they do, NAB has been tracking Australia’s wellbeing (as measured by anxiety, life-satisfaction, happiness, and life-worth) since early-2013.

NAB Quarterly Australian Wellbeing Index: Q2 2015
Health in Focus: Health Insights

Health in Focus: Health Insights

15 July 2015

NAB Health shares insights into the changing landscape of the health sector in Australia, providing findings from customers and key sector strategy executives for Practitioners and Specialists, Pharmacy and Corporate Health.

Health in Focus: Health Insights
Designing hospitals for optimal health

Designing hospitals for optimal health

9 July 2015

Recognition that the environment in which patients are treated makes a big difference to how successful the outcomes are is driving hospital design, according to Conrad Gargett’s Managing Director Bruce Wolfe, a firm believer in what’s known as ‘Salutogenic Design’.

Designing hospitals for optimal health
Create a more successful dental practice in four steps

Create a more successful dental practice in four steps

2 July 2015

Research suggests that, for many dentists, practice management is a major challenge. Anita Roubicek, Joint Chief Executive Officer of Prime Practice dental management specialists, discusses the benefits of having a well-run practice and shares her tips for improving performance.

Create a more successful dental practice in four steps
Financial acumen helps women to achieve leadership roles

Financial acumen helps women to achieve leadership roles

24 June 2015

Women are still under-represented in senior positions across public and private organisations. Speakers at the recent Women in Health Leadership symposium considered why this is the case, and whether financial acumen could help women to achieve the most senior positions.

Financial acumen helps women to achieve leadership roles
Networks and mentors help build a successful career

Networks and mentors help build a successful career

15 June 2015

In healthcare, networking is less about exchanging business cards than building authentic relationships. At the recent Women in Health Leadership Symposium in Sydney a panel discussed how networks and mentors could help build a successful career.

Networks and mentors help build a successful career
Taking aged care expertise to China

Taking aged care expertise to China

10 June 2015

The Royal District Nursing Service (RDNS) was one of the first Australian healthcare organisations to enter China. Executive General Manager Dan Woods discusses its success and ongoing opportunities.

Taking aged care expertise to China
A flying financial start to your medical career

A flying financial start to your medical career

26 May 2015

After years of studying to be a medical practitioner you’re finally earning an income. Philip Mawkes, a Senior Relationship Manager at Medfin, explains why it’s important to make your financial future a priority and shares a five-point plan to help you get off to a flying start.

A flying financial start to your medical career
Mergers and acquisitions are reshaping healthcare

Mergers and acquisitions are reshaping healthcare

22 May 2015

Across the health and aged care industry there is a continuing trend towards consolidation through mergers and acquisition. NAB’s Nehemiah Richardson and Natalie Smith discuss the impact of this trend and how to prepare for a merger or sale.

Mergers and acquisitions are reshaping healthcare
Using social media to grow a general practice

Using social media to grow a general practice

18 May 2015

A growing number of general practitioners are using social media to attract new patients and secure their loyalty. Helena Athans from NAB Digital and David Bacon from the Healthy Thinking Group discuss the potential benefits and how to make the most of them.

Using social media to grow a general practice
The door to China opens for Australian healthcare

The door to China opens for Australian healthcare

30 April 2015

The China-Australia Free Trade Agreement (ChAFTA), reached in November 2014, is opening up a massive potential market for Australian healthcare providers. Tom Taylor, NAB Head of International Economics, and Nehemiah Richardson, NAB Health General Manager, discuss the opportunities and ways of making the most of them.

The door to China opens for Australian healthcare
Building sustainable relationships for care in the home

Building sustainable relationships for care in the home

27 April 2015

There’s a growing need for in-home care services and we are seeing more private operators come into the sector. Caroline Ucherek and Sheree Gover from CJU Medical Marketing share their tips for driving business growth by building relationships with clients, their families and referrers.

Building sustainable relationships for care in the home
Sharing experiences can positively impact mental health

Sharing experiences can positively impact mental health

16 April 2015

Medical practitioners often put their patients first – but the price could be compassion fatigue. Dr Frank Jones, President of the RACGP, and Dr Frank Meumann, President of the region’s Balint Society, explain how sharing experiences can have a positive impact.

Sharing experiences can positively impact mental health
Cloud computing in general practice

Cloud computing in general practice

2 April 2015

Cloud computing can reduce practice costs and increase efficiency but, as yet, only a minority of general practices have embraced the technology. Dr Nathan Pinskier and NAB’s cloud computing expert Tim Palmer discuss the benefits, current limitations and the potential for change.

Cloud computing in general practice
Australian States Handbook – April 2015

Australian States Handbook – April 2015

1 April 2015

The divergence between mining and non-mining state economies continues, although with mining investment now winding down it is the major non-mining economies that are starting to outperform. Budget positions improving but focus remains on reducing expenditure.

Australian States Handbook – April 2015
Business skills help to build a sustainable private practice

Business skills help to build a sustainable private practice

27 March 2015

Michael Kenihan is well placed to help clinicians succeed in business. A former athlete and physiotherapist, he now runs Australia’s largest network of allied health and sports medicine practices. He discusses the skills and behaviours that drive a successful private practice.

Business skills help to build a sustainable private practice
The 2014 Australia-China Trade Report

The 2014 Australia-China Trade Report

25 March 2015

Julie Bishop launched the 2014 Australia-China Trade Report. Commissioned by the Australia China Business Council (ACBC), one of Australia’s most respected China engagement forums and sponsored by NAB, the report examines bilateral trade between the two countries.

The 2014 Australia-China Trade Report
The changing landscape of community pharmacy

The changing landscape of community pharmacy

12 March 2015

How can pharmacies evolve with changing times? NAB research has identified three important metrics for community pharmacies to keep an eye on to improve productivity. They include Stock turnover, dispensary to sales ratio and wage costs for sales ratio.

The changing landscape of community pharmacy
Budgeting for a more successful practice

Budgeting for a more successful practice

18 February 2015

A budget will help you to monitor the financial health of your practice – but that’s just the beginning. Stephen Allan, Credit Executive at Medfin Finance, explains how a budget can also help you to run a more productive and profitable practice.

Budgeting for a more successful practice
Biggest Issues Facing Australia Today: Special Report

Biggest Issues Facing Australia Today: Special Report

29 January 2015

NAB has released its first annual pulse check on the big issues facing Australia today. Important concerns include cost of living, access to healthcare, employment, the economy and terrorism/security concerns, while indigenous issues, infrastructure and transport and taxation are lowest.

Biggest Issues Facing Australia Today: Special Report
NAB Quarterly Australian Wellbeing Index – Q4 2014

NAB Quarterly Australian Wellbeing Index – Q4 2014

29 January 2015

The NAB Australian Wellbeing Index fell slightly to 63 points in Q4 2014 (63.8 in Q3). Wellbeing was rated lower for all questions, especially “not anxious yesterday” which fell to its lowest level since the survey started. Wellbeing rated highest in Queensland and lowest in Victoria.

NAB Quarterly Australian Wellbeing Index – Q4 2014
Change and opportunity for healthcare in 2015

Change and opportunity for healthcare in 2015

21 January 2015

2015 could stand out as a year of change for the health sector – so where do the best opportunities lie? Dean Pearson, NAB’s Head of Industry Analysis, and Melissa Timbs, Senior Policy Advisor - NAB Health, look at how the changes could work in your favour.

Change and opportunity for healthcare in 2015
Australian businesses to win out of JAEPA

Australian businesses to win out of JAEPA

16 January 2015

Thanks to the Japan-Australia Economic Partnership Agreement (JAEPA), there are now new opportunities for Australian businesses to move into Japan. NAB's Kohei Tsushima explains how those in agribusiness, financial services, health and education are the most likely to benefit.

Australian businesses to win out of JAEPA
2015: Opportunities for SMEs in the year ahead

2015: Opportunities for SMEs in the year ahead

14 January 2015

2015 could be a good year for smaller businesses. Dean Pearson, NAB’s Head of Industry Analysis, looks at opportunities sector by sector, suggests ways to make the most of them and explains how technology is helping to level the playing field for SMEs.

2015: Opportunities for SMEs in the year ahead
GP co-payment changes – what you need to know

GP co-payment changes – what you need to know

17 December 2014

Prime Minister Tony Abbott and Health Minister Peter Dutton have announced that the proposed $7 GP co-payment will be redesigned. Scheduled to commence on 1 July 2015, we explain the new measures and how NAB Health can help your business prepare for these changes.

GP co-payment changes – what you need to know
Switching off

Switching off

8 December 2014

Every working environment has the potential to create stress but, when you’re running a small or medium enterprise (SME), the pressure can be particularly intense. Exercise, healthy eating and shedding unhealthy habits are recommended as some of the best methods to cope.

Switching off
China-Australia Free Trade Agreement: Highlights

China-Australia Free Trade Agreement: Highlights

20 November 2014

The China-Australia Free Trade Agreement (FTA) offers considerable potential for Australian agricultural and services firms as a result of their improved market access. Dairy, meat and horticulture stand to gain significantly while most resource exports will end up having duty free access.

China-Australia Free Trade Agreement: Highlights
China Economic Comment – October 2014

China Economic Comment – October 2014

15 October 2014

China’s changing healthcare needs require major changes to the system to avoid economic pain. The population is ageing and life expectancy is rising. With these two trends, demand for healthcare services is set to increase – particularly given the growing incidence of non-communicable diseases.

China Economic Comment – October 2014
10 tips for starting a dental practice

10 tips for starting a dental practice

13 October 2014

Starting a dental practice for the first time can be challenging, especially during the initial planning stages. One of Medfin’s leading dental finance specialists, Haydn Maddock, shares his top 10 tips for setting up a practice that’s built for success.

10 tips for starting a dental practice
From pet project to successful vet practice

From pet project to successful vet practice

6 October 2014

After co-founding the first privately run specialist veterinary practice in Sydney, Dr Sarah Goldsmid swam against the tide of the GFC and expanded her business. A finalist in last year’s Telstra Business Women’s Awards, she explains how a passion for surgery continues to drive her success.

From pet project to successful vet practice
NAB Quarterly Australian Wellbeing Index – Q3 2014

NAB Quarterly Australian Wellbeing Index – Q3 2014

2 October 2014

The NAB Australian Wellbeing Index rose to 63.8 points in Q3 2014 (61.7 in Q2 2014). Wellbeing was rated higher for all measures, with the biggest improvements related to life satisfaction, worthwhile life and happiness.

NAB Quarterly Australian Wellbeing Index – Q3 2014
Create a positive first impression with your waiting room

Create a positive first impression with your waiting room

15 September 2014

Your waiting room can influence how your patients feel about you and your practice. Caroline Chaplin, Director of Rooms With Style, explains how colour, lighting and soft furnishings can help you convey the right message in a cost-effective way.

Create a positive first impression with your waiting room
Volunteers enhancing healthcare

Volunteers enhancing healthcare

8 September 2014

Barwon Health’s Volunteers Services Director sees volunteers as community advocates who enhance the healthcare experience of consumers. Recognised at the 2014 NAB Women’s Agenda Leadership Awards, Zoe Waters is now taking her message to a wider audience.

Volunteers enhancing healthcare
Australian States Handbook 2014

Australian States Handbook 2014

22 August 2014

Australia’s Federal system of Government makes State Governments a critical part of the overall fiscal and economic performance of Australia. This handbook is intended to provide a comprehensive update and reference tool on both the economies and fiscal finances for each State.

Australian States Handbook 2014
Australian Business Insights

Australian Business Insights

21 August 2014

Want to receive alerts of NAB’s economic updates and business commentary directly to your LinkedIn feed as soon as they’re shared? Follow us on Australian Business Insights.

Australian Business Insights
Starting your own dental practice

Starting your own dental practice

21 August 2014

When you’re ready to go it alone, do you buy an existing dental practice or start from scratch? Medfin CEO, Paul Freeman explores the decision-making process, and believes the end result normally stems from whether you’re more entrepreneurial or risk-averse.

Starting your own dental practice
The future of clinical trials in Australia

The future of clinical trials in Australia

7 August 2014

Clinical trials provide access to new treatments, contribute to Australia’s economy and support our public sector institutions. Dr Brendan Shaw, Medicines Australia Chief Executive, discusses the challenges and opportunities that are shaping our innovative medicines industry.

The future of clinical trials in Australia
Managing the rising cost of an ageing population

Managing the rising cost of an ageing population

23 July 2014

In 40 years, about a quarter of Australia’s population will be over 65. Michael Bassingthwaighte, CEO of Peoplecare, explains how a closer relationship between private health funds and GPs could improve patient wellbeing and manage increasing costs.

Managing the rising cost of an ageing population
NAB Quarterly Australian Wellbeing Index – Q2 2014

NAB Quarterly Australian Wellbeing Index – Q2 2014

18 July 2014

Australian wellbeing falls to its lowest level since the survey began. Anxiety is still the biggest detractor of overall wellbeing. A “wellbeing gap” has emerged between the highest and lowest income earners.

NAB Quarterly Australian Wellbeing Index – Q2 2014
NAB Quarterly Australian Consumer Anxiety Index – Q2 2014

NAB Quarterly Australian Consumer Anxiety Index – Q2 2014

16 July 2014

Consumer anxiety spikes post the Federal Government’s budget, with low income earners clearly most concerned. The NAB Consumer Anxiety Index rose to 64.5 points in Q2 (61.7 points in Q1) - its highest level since the survey began in Q1’13.

NAB Quarterly Australian Consumer Anxiety Index – Q2 2014
Boost the health of your business this end of financial year

Boost the health of your business this end of financial year

20 June 2014

The end of financial year is a busy time for the healthcare sector, but there’s still an opportunity to get your business into shape for June 30. NAB Health General Manager, Nehemiah Richardson shares seven practical strategies to help your business make the most of tax time.

Boost the health of your business this end of financial year
Six strategies for creating a safer medical practice

Six strategies for creating a safer medical practice

18 June 2014

Many general practitioners have been exposed to aggressive behaviour yet few have taken steps to protect themselves. Researcher Dr Danny Hills explains his six simple strategies for keeping a medical practice a safer and less stressful place to work.

Six strategies for creating a safer medical practice
Monthly Financial Markets Update – June 2014

Monthly Financial Markets Update – June 2014

18 June 2014

Last month, investors ignored mixed economic data and geopolitical risks to push the US share market to a record high, reports James Wright, Chief Investment Officer, JBWere. Read more to also find out what happened in currency markets and the residential property market from Nick Ryder

Monthly Financial Markets Update – June 2014
What the Federal Budget means for the health sector

What the Federal Budget means for the health sector

14 May 2014

The key focus related to health in this year’s Budget is savings. The introduction of GP co-payments, changes to PBS provisions, Medicare safety nets and indexation arrangements will contribute significant savings. We assess the key initiatives impacting Australia’s health sector.

What the Federal Budget means for the health sector
Business and personal tax changes from the Federal Budget

Business and personal tax changes from the Federal Budget

14 May 2014

The Federal Budget contained few tax surprises, with most of the key revenue changes previously announced by the Government, including the expected additional tax for high income earners, while the Indexation of Fuel Excise will impose an additional cost on both business and individuals.

Business and personal tax changes from the Federal Budget
Industry perspective: the Federal Budget and business funding

Industry perspective: the Federal Budget and business funding

14 May 2014

While some saw this as ‘the Budget we had to have’, the grants news is good. Overall funding for businesses is set to increase under measures proposed in the 2014 Federal Budget. GrantReady summarises what the Budget means for grants and funding programs.

Industry perspective: the Federal Budget and business funding
2014 Federal Budget – all the insights and expert analysis

2014 Federal Budget – all the insights and expert analysis

13 May 2014

There’s a lot of change in this year’s budget, so understanding how the Federal Budget impacts you and your business can be challenging. That’s why our team of economists and industry experts have been working around the clock to break it down.

2014 Federal Budget – all the insights and expert analysis
Why it’s important to understand Sanctions and Embargoes

Why it’s important to understand Sanctions and Embargoes

5 May 2014

When running a business it’s important to understand your obligations in relation to domestic and international sanctions and embargoes, and how they may potentially impact your business before entering into arrangements with offshore customers and/or their agents.

Why it’s important to understand Sanctions and Embargoes
A Budget for the Ages – Federal Budget 2014

A Budget for the Ages – Federal Budget 2014

1 May 2014

Ahead of the upcoming Federal Budget, there is a lot of focus on the Commission of Audit’s findings, and putting the Budget on a sustainable medium term path as the population ages, health and pension costs rise, and the proportion of tax payers declines.

A Budget for the Ages – Federal Budget 2014
Robots at your service

Robots at your service

23 April 2014

Robots are on the march. Most of them work on assembly lines, building cars, making electronic devices and processing food, drugs and chemicals. But robots are spreading beyond the factory - a trend that will accelerate in 2014.

Robots at your service
The world in figures: IT Hardware

The world in figures: IT Hardware

10 April 2014

More than $1trn will be spent on hardware, including telecommunications gear, in 2014 with tablets expected to grow by 40%, according to The Economist Intelligence Unit. Salespeople, executives and even doctors will find ever more uses for portable screens.

The world in figures: IT Hardware
The talk of the town: NAB business wrap

The talk of the town: NAB business wrap

27 March 2014

There’s been a lot for Aussie businesses to talk about recently, from shoes to defence contracts - Australian and global markets appear to be bursting with opportunities. Here's a selection of business insights to help you uncover the opportunities across all business sectors in 2014

The talk of the town: NAB business wrap
NAB Wellbeing Index – Q1 2014

NAB Wellbeing Index – Q1 2014

20 March 2014

National wellbeing improves after falling in the previous two quarters, but anxiety continues to rise with more than one-third of Australians currently “highly” anxious. The NAB Australian Wellbeing Index rose to 64.6 points in Q1 2014 (63.5 points in Q4 2013).

NAB Wellbeing Index – Q1 2014
The talk of the town: NAB business wrap

The talk of the town: NAB Business wrap

6 March 2014

M&A has been a big theme recently, with entrepreneurs and established businesses alike snapping up opportunities. Air-con was a burning issue and property developers were dancing at the prospect of better funding and more opportunities.

The talk of the town: NAB business wrap
Marketing a healthcare practice

Marketing a healthcare practice

6 March 2014

Marketing can help you to build a practice, run it successfully and ultimately make a profitable exit. Jason Borody, Managing Director of Vividus Marketing, talks about opportunities, challenges and how the internet has made communications a priority for the healthcare sector.

Marketing a healthcare practice
Zero tolerance for bullying in the workplace

Zero tolerance for bullying in the workplace

18 February 2014

Bullying can cause physical and psychological harm to employees and undermine good business. Alex Jenkins of Davidson Trahaire Corpsych suggests ways to create a workplace culture which supports the health and productivity of everyone in the organisation.

Zero tolerance for bullying in the workplace
How to recruit the best people for your business

How to recruit the best people for your business

14 February 2014

Finding and keeping the right people is fundamental to the success of any business. Gavin O’Meara, Manager of People and Culture at Ramsay Health Care, explains how planning, preparation and ongoing support can help you build an engaged and productive team.

How to recruit the best people for your business
The business of kids’ health

The business of kids’ health

13 February 2014

Monica Meldrum was named '2013 Emerging Entrepreneur of the Year' at last year’s NAB Women’s Agenda Leadership Awards. Here, she discusses the increasing demand for 'clean' food and how her fast-growing business Whole Kids is committed to improving children’s health.

The business of kids’ health
Will the dollar fall and property rise?

Will the dollar fall and property rise?

23 January 2014

The big question for 2014 is whether the Australian dollar will keep trending lower with perhaps a secondary question about whether Australian property will continue to boom. According to Business Spectator’s Alan Kohler - yes and yes.

Will the dollar fall and property rise?
Emerging opportunities for facility management providers

Emerging opportunities for facility management providers

22 January 2014

As our population ages and demand for facility management services increases, hospitals are doing their best to manage costs. Ivan Fernandez, Industry Director at Frost & Sullivan, suggests ways for facility management providers to identify new opportunities and overcome challenges.

Emerging opportunities for facility management providers
NAB Quarterly Australian Consumer Anxiety Index – Q4 2013

NAB Quarterly Australian Consumer Anxiety Index – Q4 2013

15 January 2014

Consumer anxiety rises amid ongoing weakness in the domestic economy. Consumer anxiety rose to 61.5 points in Q4 (61.1 in Q3). With the labour market softening, anxiety over job security has started climbing although it still rates as the lowest concern overall.

NAB Quarterly Australian Consumer Anxiety Index – Q4 2013
NAB Wellbeing Index – Q4 2013

NAB Wellbeing Index – Q4 2013

10 January 2014

National wellbeing deteriorates for the second straight quarter. The NAB Australian Wellbeing Index fell to 63.5 points in Q4 (64.4 points in Q3), with all four survey questions - satisfied life, worthwhile life, happy yesterday and not anxious yesterday - rated lower.

NAB Wellbeing Index – Q4 2013
The Middle Kingdom’s Australian frontier

The Middle Kingdom’s Australian frontier

7 January 2014

Start to prepare for a new era in the Australian Chinese relationship. Well within five years, instead of simply looking at Chinese manufacturing, Australia will look at the tourist bookings due to a very big rise in Chinese tourism.

The Middle Kingdom’s Australian frontier
Below the surface

Below the surface

6 January 2014

As many SMEs might be a million miles away from the mining and resources sector, it’s easy to think it’s all completely irrelevant. That’s not the case. It’s important that you're aware of the general direction of the industry because it can affect your own business.

Below the surface
Top 5 tech in 2014

Top 5 tech in 2014

23 December 2013

Smartphones and tablets are old news. The New Year promises tantalising prospects when it comes to new technology and innovation. Business Spectator explores the top five new technologies set to send pulses racing in 2014.

Top 5 tech in 2014
Growing profits in a time of reform

Growing profits in a time of reform

20 November 2013

As Pharmaceutical Benefits Scheme (PBS) reforms continue to roll out, many pharmacists are taking a broader approach to boosting profits. Pharmacy owner and Managing Director of Rx Management, John Loveridge, discusses the changes and strategies for mitigating their impact.

Growing profits in a time of reform
NAB Charitable Giving Index: Indepth report – August 2013

NAB Charitable Giving Index: Indepth report – August 2013

1 November 2013

Donations grew 2.5% (12-month average) in August with an average annual donation of $312 per donor. Giving grew fastest for “Other” (12.8%) and Health & Disability (9.1%) charities, but fell for Humanitarian Services (-3.2%) and Medical Research & Services (-2.4%) charities.

NAB Charitable Giving Index: Indepth report – August 2013
A healthy future for all? Improving food quality for Asia

A healthy future for all? Improving food quality for Asia

25 October 2013

Discussions of food security in Asia have often centred on the issue of supply, but now the emphasis is shifting from quantity to quality. The ability to address the issue of food quality is complicated by the increasing complexity of the food supply chain in Asia.

A healthy future for all? Improving food quality for Asia
NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013

NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013

16 October 2013

The NAB Australian Wellbeing Index fell to 6.4 points in Q3, with a big increase in anxiety in WA a key contributor to lower national wellbeing. Consumer anxiety rose to 6.1 points in Q3, underpinned by rising concerns around cost of living, ability to fund retirement and health.

NAB Wellbeing Index & Consumer Anxiety Index – Q3 2013
Getting your practice ready for sale

Getting your practice ready for sale

3 October 2013

It’s never too early to get your practice ready for sale. As Paul Freeman, Chief Executive Officer of Medfin Finance, points out, potential purchasers look for the kind of well-run business that's also efficient and profitable for you. Here are his tips for getting it up to speed.

Getting your practice ready for sale
Will retiring baby boomers leave gaps in healthcare?

Will retiring baby boomers leave gaps in healthcare?

18 September 2013

More than a third of Australia’s general practitioners, nurses and specialists are over the age of 50, so what will happen when they all retire? Dr Henry Cutler, Director, Head of Health Economics at KPMG, discusses possible skills shortages and ways to ameliorate any emerging problems.

Will retiring baby boomers leave gaps in healthcare?
The Medical Home: better health for a lower cost

The Medical Home: better health for a lower cost

11 September 2013

The Patient-Centred Medical Home (PCMH) could improve overall population health and lower the cost of healthcare. Dr Eleanor Chew, Vice President of the Royal Australian College of General Practitioners, explains the benefits of a voluntary system where one GP co-ordinates patient care.

The Medical Home: better health for a lower cost
Telehealth makes quality healthcare more accessible

Telehealth makes quality healthcare more accessible

20 August 2013

Telehealth could provide many Australians with easier access to healthcare, monitor chronic illnesses more effectively and assist the ageing population. Dr James Freeman (pictured) founded GP2U to remove logistical obstacles to the uptake of telehealth, but other challenges remain.

Telehealth makes quality healthcare more accessible
NSQHS Standards are improving the health system

NSQHS Standards are improving the health system

14 August 2013

Since new standards for hospitals and day surgeries took effect in January 2013, there have been signs of improvements for patients that also make financial sense. Professor Picone AM, CEO of the Australian Commission on Safety and Quality in Health Care, discusses the initiative.

NSQHS Standards are improving the health system
Managing fluctuations in currency and interest rates

Managing fluctuations in currency and interest rates

7 August 2013

Most businesses in the healthcare sector are affected by fluctuations in currency and interest rates. NAB’s Head of Corporate & Institutional Markets, Darren Hooton, cautions against complacency and suggests strategies for mitigating risk.

Managing fluctuations in currency and interest rates
Government Downgrades Outlook: tightens policy – 2 August 2013

Government Downgrades Outlook: tightens policy – 2 August 2013

5 August 2013

The government’s economic forecasts now recognise the softness of the domestic economy and the weaker outlook for commodity prices and incomes. In the near term the Budget now looks to be slightly adding to growth (rather than detracting as at Budget time).

Government Downgrades Outlook: tightens policy – 2 August 2013
Health care – Australia’s biggest employer

Health care – Australia’s biggest employer

19 July 2013

According to the 2011 Census, the Health Care and Social Assistance industry is now Australia’s biggest employer. The Australian Healthcare & Hospitals Association’s Andrew McAuliffe discusses increasing demand, unequal growth and opportunities for innovation.

Health care – Australia’s biggest employer
Pharmacists set to play an increasingly important role

Pharmacists set to play an increasingly important role

15 July 2013

Pharmacists are helping to reduce pressure on the health system and improve quality of life. President of the Pharmacy Guild of Australia, Kos Sclavos, discusses the importance of pharmacists retaining their sustainable competitive advantage in the face of growing retail competition.

Pharmacists set to play an increasingly important role
NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013

NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013

1 July 2013

Australian wellbeing improved in the June quarter despite softening economic conditions. NAB's Australian Wellbeing Index measured 6.6 points, up from 6.2 points in the March quarter. Consumer anxiety fell in the quarter in line with moderating concerns about future spending/savings plans.

NAB Wellbeing Index & Consumer Anxiety Index – Q2 2013
Things to consider before setting up a general practice

Things to consider before setting up a general practice

21 June 2013

A GP setting up a private practice needs to consider everything that comes with owning a business from demographics to finance, taxation, employment and compliance issues. Paul Freeman, CEO of Medfin Finance, explains how to avoid the pitfalls.

Things to consider before setting up a general practice
What healthcare providers need to know about EOFY

What healthcare providers need to know about EOFY

17 June 2013

As we approach the end of another financial year, Bongiorno Group’s Director, Michael Waycott, discusses tax-effective strategies, recent changes that may affect healthcare providers and why you should start planning now for next year’s return.

What healthcare providers need to know about EOFY
2013 Federal Budget news, insights and expert analysis

2013 Federal Budget news, insights and expert analysis

16 May 2013

Understanding how the Federal Budget impacts you and your business can be complex. Our team of leading economists, tax and superannuation experts keep you up-to-date with all the latest news from the 2013 Federal Budget so we can help you get all your ducks in a row.

2013 Federal Budget news, insights and expert analysis
Federal Budget 2013 – Fact sheets

Federal Budget 2013 – Fact sheets

15 May 2013

With the Federal Budget being handed down yesterday, we want to ensure you understand what it means for you and your business. Our team of economists and industry experts have analysed what the Budget means overall for Australian businesses, as well as focussing on specific industries

Federal Budget 2013 – Fact sheets
Understanding the budget impacts for the healthcare sector

Understanding the budget impacts for the healthcare sector

15 May 2013

Following the announcement, NAB’s panel of leading economists and industry healthcare experts have analysed the Governments’ much-anticipated 2013 Federal Budget, and here they share with Health View their breakdown of what it means for the healthcare sector.

Understanding the budget impacts for the healthcare sector
Personal and business tax changes from the Federal Budget

Personal and business tax changes from the Federal Budget

15 May 2013

NAB’s Senior Tax Advisor and panel of leading economists break down the tax impacts from the 2013 Federal Budget. Understand what the changes are for individuals and businesses including a recap on those that were previously announced.

Personal and business tax changes from the Federal Budget
What a difference a year makes! Alan Oster analyses the budget

What a difference a year makes! Alan Oster analyses the budget

15 May 2013

“What a difference a year makes”. NAB’s Group Chief Economist Alan Oster gives his detailed summary of this year’s Federal Budget. Who benefits from the Government’s proposed spending and who doesn’t, and what does it mean for the Australian Economy?

What a difference a year makes! Alan Oster analyses the budget
NAB Charitable Giving Index: Indepth report – February 2013

NAB Charitable Giving Index: Indepth report – February 2013

18 April 2013

Charitable giving slowed in the year to February 2013 as economic conditions and consumption weakened, and business and consumers became more cautious. The NAB Charitable Giving Index grew by 2.6% (12-month average) in February 2013 – down from 8.3% in the same period one year earlier.

NAB Charitable Giving Index: Indepth report – February 2013
5 tips for managing your time

5 tips for managing your time

14 March 2013

Not enough hours in the day? Good time management can help you to grow your business and enjoy a healthy work-life balance. Time management specialist Geoff Prior helps people to work more effectively – and here he shares his top five tips.

5 tips for managing your time
Health Sector Insights – December 2012

Health Sector Insights – December 2012

21 December 2012

We explore various topics including a current view on the management of foreign exchange and interest rate risks and the results of a client survey conducted by our Group Economics team on current business conditions and reforms in the Australian healthcare sector.

Health Sector Insights – December 2012
Quarterly SME Survey – September 2012

Quarterly SME Survey – September 2012

25 October 2012

SME confidence and conditions better in Q3 but still below average; sentiment of SMEs now in line with their larger counterparts but activity, capacity utilisation and new orders continue to under perform. Strength in recreation & personal services and transport a consistent theme

Quarterly SME Survey – September 2012
Charitable Giving Index – July 2012

Charitable Giving Index – July 2012

23 October 2012

The first NAB Charitable Giving Index shows that charitable giving is growing, despite a softening domestic economy, flat employment growth and persistent consumer cautiousness. NAB and data analytics firm Quantium reviewed donations made by credit card, direct debit, BPAY and EFTPOS

Charitable Giving Index – July 2012
The NFP review and you

The NFP review and you

29 July 2012

What does the Federal Government’s Not-For-Profit (NFP) review, with legislation due to be finalised in October 2012, mean for the healthcare sector? JBWere’s Director of Philanthropic Services gives a lowdown.

The NFP review and you
Health reform spotlight

Health reform spotlight

28 July 2012

We headed along to the AMA annual conference recently held in Melbourne where Federal Health Minister Tanya Plibersek outlined the health reforms handed down in the 2012–13 Budget.

Health reform spotlight
eHealth in the spotlight

eHealth in the spotlight

28 July 2012

How eHealth ready is your business? Dr Mukesh Haikerwal, Chair of the World Medical Association is leading a team of clinicians to roll out eHealth for the National E-Health Transition Authority (NEHTA). Here, he talks you through the eHealth basics.

eHealth in the spotlight
CEO talk: insurance sector focus

CEO talk: insurance sector focus

28 July 2012

Michael Bassingthwaighte, CEO of not-for-profit health insurer Peoplecare, talks cash flow, growth, decision-making and regulatory management.

CEO talk: insurance sector focus
Tax tips

Tax tips

28 July 2012

Are your tax records are up to date? Do you know how to effectively reduce your taxable income? NAB Health’s John Minto shares some pointers.

Tax tips
Social media in healthcare

Social media in healthcare

31 March 2012

Use of social media in business is skyrocketing globally, yet few local GPs are capitalising fully on this trend. Here’s how to boost your professional presence online.

Social media in healthcare
Property investment tips

Property investment tips

31 March 2012

Property can be a means to reduce your tax bills and help fund your retirement. Read up on tax tips and property strategies for the healthcare sector with NAB Health Senior Financial Planner, Matthew Wilson.

Property investment tips
Euro-zone impact to the healthcare industry

Euro-zone impact to the healthcare industry

3 March 2012

The impact of the Euro-zone financial unrest to the healthcare industry is increasingly affecting importing and exporting decisions of Australian healthcare businesses. Economic backdrop Currency markets continue to be volatile, notes Mike Bligh, NAB Head of Specialised Business, Business Markets and Wholesale Banking, and “significant swings are becoming a daily event. We recently saw the […]

Euro-zone impact to the healthcare industry
Artificial intelligence

Artificial intelligence

3 December 2011

To respond quickly to online customer queries, artificial intelligence is increasingly being used by businesses, from retailers to publishers. My CyberTwin CEO, Liesl Capper-Beilby (pictured), explains this trend.

Artificial intelligence
Solving the doctor shortage

Solving the doctor shortage

30 September 2011

Considering hiring GPs from overseas for your practice? Before you invest money and time, make sure you’ve done your homework.

Solving the doctor shortage
Share tips for healthcare professionals

Share tips for healthcare professionals

30 September 2011

To reduce risk exposure, health professionals are investing in shares outside the health sector. JBWere’s Chief Investment Officer, Giselle Roux, details this trend.

Share tips for healthcare professionals
How to profit from a rising Aussie dollar

How to profit from a rising Aussie dollar

30 May 2011

No matter which area of the health industry you’re in, a higher or lower Australian dollar will impact on your profit margins when purchasing medical equipment or products from overseas or when recruiting staff from abroad. In the current situation, with the Australian dollar trading strongly, some GPs are buying equipment from online overseas medical […]

How to profit from a rising Aussie dollar
The NAB Health advisory council

The NAB Health advisory council

9 February 2011

The complexities of the health system mean medical practices are not as straightforward as the average business when it comes to financing. Regulation, continual technological advances and changes in public policy all affect the economics of health businesses. Add to that a workforce of professionals whose services are in high demand and you have a […]

The NAB Health advisory council