Former Liberal party president and Carlton boss John Elliott dies aged 79 – The Guardian Australia

John Elliott, the controversial Australian businessman and former federal president of the Liberal party, has died aged 79. Elliott was also president of the Carlton football club for two decades before being sacked in 2002 after the club breached salary cap rules. He was federal president of the Liberal party in the late 1980s. He…

China may initiate restructuring of Evergrande Group, says Morgan Stanley – Business Standard

Beijing may initiate a managed debt restructuring of a troubled property developer in the coming week, followed by policy easing in October to contain spillover to the broader economy, according to Morgan Stanley economists. Regulators have had a mechanism to deal with defaults of property developers and reduce systemic risk, economists including Robin Xing wrote…

National Health Co-op finds new operators after entering voluntary administration – The Canberra Times

More than 30,000 ACT health members left in limbo when their provider entered administration may have been given a reprieve after administrators found new operators courtesy of a court granting them more time. The nation’s peak medical body welcomed the news about the National Health Co-op (NHC), but it said the case should prompt the…