Australian health operator bought by US interests
The board of Australia’s second-largest private hospital operator, Healthscope Ltd, has unanimously recommended a US$1.72 billion takeover offer from US private equity firms Carlyle Group and TPG Capital.

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Australian economist calls for trans-Tasman collaboration
An Australian economist wants to see more business collaboration between the trans-Tasman neighbours

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Australian Stocks Offer Asia, Resource Exposure
Gold, natural gas and stable government are only a few of the attractions.

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BofA Merrill Lynch Seeks to Fix ‘Patchy’ Australian Record
Bank of America Merrill Lynch will hire staff and plug holes in its services as it seeks a return to a top-three ranking among investment banks in Australia, said new local chief executive officer Craig Drummond.

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Australian Profits, Manufacturing Gain Ahead of Rate Decision
March 1 (Bloomberg) — Australian company profits increased for the first time in five quarters and manufacturing expanded at the fastest pace since 2007, strengthening the case for the central bank to resume raising interest rates tomorrow.

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India’s economic growth to drive Australian export: RBA
MELBOURNE: Australia’s Reserve Bank has said that Indian economic growth will continue to work in favour of the country’s mineral exporters.

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Australian Court Rejects CSR’s Sugar Demerger Plan (Update1)
CSR Ltd.’s proposal to demerge its Australian sugar business from its building products operations was rejected by the Federal Court because of concern over asbestos liability.

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