Hefty cuts to government funding of blood tests and x-rays sparked a sell-off in healthcare stocks and drew sharp criticism from the doctors' lobby.
On Tuesday the federal government's Mid-Year Economic and Fiscal Outlook (MYEFO) identified $650.4 million of savings over the next four years, from reducing or removing bulk-billing incentive payments for certain pathology and imaging tests.
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.