Sirtex agrees to $1.6b takeover

The board of biotechnology group Sirtex Medical has agreed to a $1.6 billion takeover offer from United States giant Varian Medical Systems

Rod Jones: “We recognised there was a flaw in the model."

Navitas profit dives 54pc

A fall in revenue from college closures and wiping off the value of US tax-loss assets has seen education group Navitas report a slide in EBITDA for the six months ended December 31.

The ASX followed Wall Street into the red.

Miners dig a hole for ASX

Australian shares ended a downbeat session on an even weaker note, with miners the worst performers in a day of broad-based losses.

Markets: ASX mired in the red

Australian stocks lost ground on Tuesday, joining in a global consolidation move, as traders brace for a busy week of data and policy news.

Big IPOs elude ASX 

Funds raised via IPOs on the ASX plummeted 46 per cent in 2017, and a trend toward greater numbers of smaller raisings will continue in early 2018, a report has found.

Opinion

Edmund Tadros

Consultants off Canberra's gravy train

An inquiry into the use of consultants by the federal government has set off alarm bells across an industry that has won management consulting-style contracts worth $39.4b from Canberra over the past five years.

Opposition Leader Bill Shorten addresses the National Press Club of Australia in Canberra on Tuesday 30 January 2018. ...

Enterprise bargaining on 'life support'

Bill Shorten said enterprise bargaining was "on life support", flagged increases to the minimum wage and moves to curb increases in private health insurance costs.

Academic and author Clive Hamilton.

China 'a special risk to Australia'

A crackdown on foreign influence will only work if the measures counter secretive Chinese organisations attempting to influence MPs, universities and the media.

China said to be brokering sale of Anbang stake

China's government, which has been probing alleged financial wrongdoing at Anbang Insurance Group, is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said.

Personal Finance

Hunt backs health 'moonshot'

Heath Minister Greg Hunt said the government would prioritise emerging medical research on genes and their functions