The founder and long-standing managing director of Primary Health Care Edmund Bateman has announced his retirement just short of 30 years running the medical centre, pathology and radiology business.
Local shares appear poised to rise at the open, taking their queue from gains in Europe and Wall Street, after China cut interest rates in a bid to brake that nation's economic slowdown.
Discovery Communications and Foxtel are preparing to offer shareholders in Ten Network Holdings a potential interest in any turnaround in its financial performance in an effort to win the takeover auction for the troubled company.
Seven West Media chief executive Tim Worner says he isn't prepared to write off free-to-air television because he believes the small screen has a knack of reinventing itself.
The China Entrepreneur Club is an exclusive group of business leaders controlling companies whose combined annual turnover is about the equivalent of one-fifth of Australian gross domestic product. In the fourth of the club's annual overseas trips, it is sending a delegation to Sydney, Canberra and Melbourne, arriving next Monday.
Finance Minister Mathias Cormann has sold Medibank Private for a higher-than-expected $5.7 billion, but he has left no room for error for the insurer’s management team, who must now satisfy demanding investors who have bought in at a lofty valuation.
Australia’s largest super fund plans to reduce fees to its 2 million members, in potentially a pre-emptive move before the release of the final Murray Inquiry this week.
The internet service provider has been powering up sales and boosting marketing to raise its profile on the lucrative east coast.