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Private equity outfit KKR has made an offer to buy Geoff Horth-led Vocus

Vocus in sights of buy-out outfit KKR

Hard on the heels of an earnings downgrade which prompted heavy selling of its shares, telecom company Vocus Group has disclosed it has received a takeover approach from a leveraged buy-out company.

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Markets Live: Seller fatigue

Shares are set for a cautiously positive start as investors regroup following yesterday's heavy losses and as oil bounces overnight, ahead of GDP data.

The decision will anger the nation's union movement, which has been fighting for a $45-a-week rise to the minimum wage.

Minimum wage to rise by $22 a week

Australia's lowest-paid workers will get a $22-a-week pay rise after the workplace umpire lifted the national minimum wage to $694.90.

Opportunities: National Australia Bank chairman Ken Henry and NAB CEO Andrew Thorburn.

NAB sees 'extraordinary' opportunity in regions

National Australia Bank chairman Ken Henry says the nation faces an "extraordinary" economic opportunity to develop regions outside the capital cities, as the bank bets on a long-term lift in rural Australia.

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Markets Live: ASX loses year's gains

Shares are back where they started the year after the ASX suffers close to its worst session in 2017 amid almost indiscriminate selling, while the RBA holds steady.

A recently-constructed block of 30 apartments at 375 Kingsway, in the Sutherland Shire suburb of Caringbah is for sale.

Smaller assets look for keen buyers

A Service NSW site, a supermarket and a block of units are some of the latest listings on the market in the lead-up to the end of the 2017 financial year.

Small Business