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Good afternoon,

Australia’s second-largest private hospital operator Healthscope is among the bidders vying to buy its own assets out of receivershi p and plans to restructure to avoid tax obligations.

QantasLink pilots are prickly over a proposed extension of the airline’s no-beard policy , prompting some to down their razors in protest. But the airline insists it’s a matter of safety. 

Rio Tinto partner Gina Rinehart has urged Rio to let its new chief executive Simon Trott stay in Perth, while casting shade on its African iron ore project.

Vesna Poljak
Business Editor
The markets


Commentary
Is private credit nearing its peak? Jamie Dimon thinks so
By ERIC JOHNSTON
Associate Editor
Regulators have been fuelling breakneck growth in private credit, but the mood could be changing, according to the boss of the biggest US bank.
Latest news
Visa fury over RBA card surcharge carve-outs
The local boss of Visa says the Reserve Bank’s move to ban card surcharges makes sense, but has hit out at the ‘awful’ decision to exempt Amex, and Google and Apple’s phone payments systems.
By DAVID ROSS
Why warning bells are ringing on bull market
The warning signs are flashing amber for stocks as Bank of America’s latest Global Fund Manager Survey shows a dangerous mix of euphoria and complacency among institutional investors.
By DAVID ROGERS
Apple launches new sleep apnoea detector in Australia
The US tech titan’s push into the booming health tracking market means people can install a sleep apnoea detector via the latest software update for Apple Watch.
By JARED LYNCH
Myer poaches ex-Cue boss to add sass to struggling fashion brand
Struggling for more than a decade under Myer’s ownership, Sass & Bide has a new boss that the department store hopes will restore its fortunes.
By ELI GREENBLAT
Lendlease makes Hyde Park swoop for $2.5bn luxury project
The company is focusing on luxury residential as it pours capital back into Australia. The apartments it is planning could break records in the area.
By BEN WILMOT

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