May
New tax hit could push up cost of your dentist visit
Patients accessing dental services in large medical clinics around the country face possible price hikes from new payroll tax liabilities being imposed by state governments.
- Tom McIlroy
March
Dentists want exemptions as medical payroll tax disruption spreads
Dentists are urging state revenue authorities around the country to follow the example of South Australia and offer an exemption to new payroll tax liabilities.
- Tom McIlroy
Are you using super to pay for dental? It seems many are
Funds approved for dental work make up 41 per cent of all superannuation released on compassionate grounds in the 2023 financial year.
- Lucy Dean
February
Genesis Capital in Pacific Smiles waiting room as Crescent walks
Street Talk understands said the healthcare-focused private equity firm has walked away after checking out the in-play dental clinic operator.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Healthcare hopeful ADTY calls in potential backers for $50m check-up
A three-page flyer, seen by Street Talk, told interested parties the group has a pipeline of 25 healthcare practices ready for integration.
- Sarah Thompson, Kanika Sood and Emma Rapaport
January
PE-target Pacific Smiles may extract rival proposal, sources say
The ASX-listed dental clinic operator knocked back a $223 million buyout proposal from Genesis Capital in December.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2023
How this orthodontist cracked the productivity code
Martin Fine has largely avoided the staff shortages and drops in consumer spending plaguing other small businesses. The reason? Booming productivity.
- Hannah Wootton and Michael Read
February 2023
The number of people tapping super for dental work doubled in a year
More than $171 million in superannuation was released in the 2021-22 financial year, but dentists say it’s due to poor oral hygiene habits.
- Lucy Dean
December 2022
Proxy firms side with Pacific Smiles, focus on CEO candidate
Alex Abrahams is going to have to do it the hard way at Pacific Smiles, after running into roadblocks with major proxy outfits ISS and CGI Glass Lewis.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
October 2022
PE books Pacific Smiles in for check-up
Listed dental centre owner Pacific Smiles Group’s been left behind by the private equity brigade, but the question is for how much longer.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
April 2022
Billionaires and business to pay for Greens’ $240b in promises
The Parliamentary Budget Office has costed Adam Bandt’s plan to extend Medicare to dental services at $77.6 billion over a decade.
- Andrew Tillett
February 2022
BGH’s Abano swoops on Bupa NZ dental biz
BGH Capital’s trans-Tasman dental roll up Abano Healthcare has bolstered its No.1 market position in New Zealand, securing a deal to acquire Bupa NZ’s dental business.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
September 2021
- Opinion
- Funding
$US100m for an electric toothbrush: VC lunacy or minty fresh thinking?
Quip’s deal highlights how the relentless creep of technology is driving the reinvention of mundane activities, which become the basis for high-growth start-ups.
- Adir Shiffman
August 2021
BGH’s Abano, 1300 Smiles waste no time with Project Sharp
There’s plenty of reasons to invest alongside company founders - so much so that some fund managers have devoted whole strategies to founder-run listed companies in the view they have a longer-term approach to creating value for investors.
- Anthony Macdonald and Yolanda Redrup
BGH Capital after more than a check up at 1300Smiles
BGH Capital looks set to grow its dental portfolio, understood to have made an offer for Dr Daryl Holmes’ 1300 Smiles.
- Anthony Macdonald and Yolanda Redrup
May 2021
TDM Growth Partners cuts Pacific Smiles stake, MS on trade
Sydney fund manager TDM Capital has cut its stake in listed dental group Pacific Smiles.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
December 2020
Dentists smiling again as patients return to the chair
The largest ASX-listed dentistry group is delivering robust growth, pushing its shares to a four-year high.
- Simon Evans
June 2020
Healius seals $500m sale, eyes rebound in pathology work
The sale of medical centres and dental clinics results in a $130m loss, but Healius says it simplifies its operations.
- Liam Walsh
May 2020
- Exclusive
- Commercial Real Estate
DealCorp takes aim at tenants over rent
Strained relations between landlords and tenants are in full swing, from Australian Pharmaceutical Industries to Bupa.
- Carrie LaFrenz
March 2020
Face mask shortage alarms GPs, dentists
Surging demand of masks caused by the COVID-19 outbreak has left general practitioners and dentists worried about securing necessary items to keep seeing patients as winter approaches and flu season ramps up.
- Carrie LaFrenz