Unemployment may jump a little but labour market remains solid
By Jenny Ruth Feb. 4 (BusinessDesk) - Economists are expecting the unemployment rate nudged a little higher in the December quarter, perhaps reaching 4.2 percent from 3.9 percent in the September quarter. The figures, due for release on Thursday, will bounce a little becaus...
UPDATE: Vital Healthcare's manager commits to A$1.258 billion Healthscope purchase
(Updates to clarify in 9th paragraph that NorthWest says it still has the right to acquire up to 13.41 percent of Healthscope from Deutsche Bank, even though Deutsche Bank currently owns only 8.74% of Healthscope.) By Jenny Ruth Feb. 1 (BusinessDesk) - The owner of Vital He...
Watch for Hayne report to trump FMA, RBNZ
By Jenny Ruth Feb. 1 (BusinessDesk) - Be prepared for the final report from Australia’s Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry to trump the outcomes of our own local industry review. Just how far Commissioner Kenneth...
Brookfields looking for a deal with NorthWest over Healthscope: AFR
By Jenny Ruth Jan. 31 (BusinessDesk) - Healthscope’s takeover suitor Brookfields is looking to cut a deal with fellow Canadian property company NorthWest Healthcare Properties Real Estate Investment Trust, according to the Australian Financial Review. According to Healthsco...
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