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As One Nation rises, Victorian Labor has promised to make abortions free. Is the timing pure politics?

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Facing the prospect of election defeat, Labor is hoping to make abortion a defining issue as the Liberals attempt to stave off claims they would oversee a rollback Follow our Australian politics live blog for latest updates Get our new political email , free app or daily news podcast Victorian Labor’s plan to make abortion free has been years in the making. But make no mistake: the timing of the announcement is pure politics. On Thursday morning, the state’s health minister, Ingrid Stitt, announced if re-elected in November, Labor would invest $30m over four years to remove the out-of-pocket cost of abortion care, which can quickly add up to more than $1,000. Benita Kolovos is Guardian Australia’s Victorian state correspondent Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    A fund of health-care companies

  • XBI SPDR S&P Biotech

    A fund of biotechnology companies

  • UNH UnitedHealth

    A large health insurer

  • JNJ Johnson & Johnson

    A large health-care company

  • LLY Eli Lilly

    A large drug maker

  • PFE Pfizer

    A large drug maker

Price reaction, T-5 to T+3

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Facing the prospect of election defeat, Labor is hoping to make abortion a defining issue as the Liberals attempt to stave off claims they would oversee a rollback Follow our Australian politics live blog for latest updates Get our new pol…

Source: The Guardian

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