Australian police seize $500m of cocaine after boat breaks down
7 hours ago
Alex Loftus
BBC News
Australian Federal Police
The drugs had an estimated street value of A$760m ($490m; £388m)
Australian Police have seized 2.3 tonnes of cocaine from a broken-down boat off the coast of Queensland, authorities said on Monday.
Eleven men and two juveniles were arrested, including the vessel’s crew and others waiting on the shore to collect the illegal shipment.
The drugs had an estimated street value of A$760m ($490m; £388m), with the potential to be distributed across 11.7 million separate street deals - making it the largest cocaine bust in Australian history.
The Australian Federal Police (AFP) alleged one of the men arrested on Saturday night was vice-president of the Comanchero outlaw motorcycle club’s Brisbane chapter.
Biker gangs are notorious in Australia for their drug violence, with more than 1,000 shootings recorded since the 1980s.
This recent cocaine bust came as part of a wider investigation into the Comanchero gang, codenamed Operation Tyrrendor, which began last month.
Authorities said they received intelligence suggesting a criminal syndicate with links to the gang was planning to import illegal drugs into Australia.
Investigators told reporters in Brisbane the record cocaine shipment had come from an unidentified South American country.
The AFP worked with the Queensland Police Service (QPS) and the Australian Border Force (ABF) to track a fishing boat, recently purchased by a 35-year-old man.
On Saturday night, it was being used transport the cocaine delivery from a larger mothership to the Queensland coast when it suffered a mechanical fault, police said.
Stranded about 18km from the north-eastern tip of K’gari, it was intercepted by the AFP and QPS, who found 51 bales tied with rope netting.
Each bale contained 40kg of cocaine, totalling 2.34 tonnes.
Two men were arrested on the boat and two others were arrested on the coast while waiting for the shipment.
A further three arrests were made at a nearby fast-food restaurant, with five others at a traffic stop.
The final arrest was made in Brisbane after the AFP and QPS executed a search warrant.
All 11 men and two juveniles were were charged with conspiracy to import a commercial quantity of cocaine, which carries a maximum penalty of life imprisonment.
Australian Venue Co. has back flipped on its decision a few days ago to ban Australia Day celebrations at all of its 200 venues across Australia. The company has withdrawn the ban and apologised.
The private hospitals charge the insurers far more for medical devices than the public system pays. How much is a mark-up from the manufacturer versus the private hospital, I don’t know.
The government (both sides) has certainly worked to improve this over the last few years, and it is better, but there is still a gap.
The minimum coverage on each hospital tier type (Basic, Bronze, Silver, Gold) is set by law. There can be changes on what is covered for ‘plus’ products, where the insurer can add certain clinical coverage onto the minimum, and they can tinker with that. Noting that Gold cover is for everything. For each hospital tier there are specific MBS codes that are required to be covered. Health funds don’t decide this. The exact codes covered is decided by government and does change over time. You can be assured that doctors, health funds, researchers and private hospitals all weigh in on that debate!
Just to be clear, I’m talking Hospital cover here. General Treatment/Extras are the wild west and totally vary between funds.
I’d also note that premiums for about 6 years or so have consistently risen less than medical inflation. Have a look at how much the public sector spending has increased (or International trends). EVERYONE is paying more for health cover, as its becoming more expensive, we’ve got ageing populations, and worldwide insufficient staff.
The health funds have certainly done well over the COVID years, but they also gave a lot back to members unlike other companies who benefited from COVID and pocketed the money. Do Medibank and nib (both listed) make better returns than other listed insurance and non-insurance comapnies? I’m not sure, but my impression was no (can’t back that up).
That all said, I think there are serious (and fair) arguments over whether the PHI system works to improve the overall Australian health system. There are multiple arguments for and against.
I think we’re viewing this differently. At the 20,000 feet view you have the categories listed. Gold silver bronze.
But here’s a range of products removed from the prosthesis list. So, the insurer won’t pay for them. Either someone else has to, or you go without. I get it, there always needs to be reviews, and cost reductions where required. But it’s the private health insurance lobby groups maximising their profits.
I’m a bit rusty on the market and numbers, but according to this chart. $87,000,000 is planned to be removed from the 19/20 PL spend on internal stapling devices. You can’t perform certain surgeries without these devices, or there would be significant delays/increased risk. So someone has to carry that cost. Don’t matter if you’re silver or bronze, you can’t have the internal stapling device covered by insurance.
Here’s another example. Haemostats. To stop people bleeding to death. They cost a lot for the very best product, but worth it. They’re growing at a rate faster than the rate of surgery. The insurance companies don’t like that, so they plucked some data, and realised these are ‘non emotive’ products and know they can force surgeons to change without going to war. Do you really want an insurance company choosing what product you use in surgery for when a patient has a bleeding issue? Sure it’ll save $44,000,000 (less than that, as surgeons will be able to use a cheaper Haemostat)
Can you see how these changes by stealth would impact a patients policy, and it’s not like they are up front with patients?
Spinal cord stimulators are the next thing in their sites. There’s some recent studies which indicate they may not be better than placebo, I’m not here to argue the recent press releases by the lobby group. But insurers want them removed from your policy.
My experience is a longtime ago when the Company I worked for had a Medical Division that sold prosthetics and other surgical consumables. It all may have changed but there was very little difference in pricing to public or private hospitals.
I later worked for Abbott and recall we tried to do a buying group with the ten major hospitals in Melbourne but the Purchasing Managers in each hospital would not give up any power they had to get better deals. Private labs like Dorevitch got much better prices for pathology test kits than any Government lab.