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‘We’ve made a mistake’: Peter Dutton backs down on work from home policy
(www.theguardian.com)
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Yes it is. The first version introduced in the 70s under Whitlam was called Medibank but the Fraser government fucked that up. So the Hawke government reintroduced universal health care as Medicare in the 80s and Medibank persisted as a weird government owned private health insurer which Abbott privatized.