ALS ASX: The laboratory testing group writes down $258m drug stake, buys remainder for nothing
The laboratory testing group says it will be able to run the European pharmaceuticals business better once it owns the entire group.
Source: afr.com
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ACCC childcare inquiry: why are big chains incurring such high costs?
Citing the Commonwealth budget impact, the regulator is looking at why some subsidised players – like those with high debt – have big costs.
Source: afr.com
Australian inflation: G8 childcare giant unveils 2nd price hike in 6 months
The move is blamed on higher costs including labour and rent, but arrives ahead of the Albanese government’s new childcare subsidies beginning July.
Source: afr.com
ALS shares fall on mining slowdown, testing company argues long-term growth for sector
Shares fell in the Brisbane-based laboratory giant, even as profits jumped.
Source: afr.com
G8 Education: Childcare will avoid gas-style price controls
What will happen as the ACCC reviews price regulations for the childcare sector, and the federal government introduces shock controls for gas pricing?
Source: afr.com