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flag Healthscope reorganizes as a charity to avoid taxes, sparking backlash over employee benefit cuts and potential $200M taxpayer cost.

flag Australian healthcare provider Healthscope faces scrutiny for reorganizing as a charity to retain tax-exempt status, with the Health Services Union accusing it of exploiting fringe benefit rules by requiring employees to return up to 90% of annual benefits—potentially costing taxpayers $200 million yearly—to help pay $1.6 billion in debt. flag The company, in receivership since May and previously backed by Brookfield, received a $100 million emergency loan from the Commonwealth Bank but is not getting a government bailout. flag Separately, the NSW government agreed to buy back the Northern Beaches Hospital for $190 million, aiming to return it to public ownership by mid-2026 following public outcry over the 2024 death of toddler Joe Massa, which led to the passage of “Joe’s Law” banning future private-public hospital partnerships.

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