Good evening, It was all eyes on the Reserve Bank on Tuesday, which cut the official cash rate by 0.25 percentage points taking it to a record low of 0.5 per cent. Governor Philip Lowe said the move was a direct response to the global coronavirus outbreak that has rattled sharemarkets and would hit Australia's GDP. And Dr Lowe isn't the only one thinking about coronavirus. The big investment banks and law firms are putting their own measures in place, including travel bans, team segregation and setting up emergency quarantine sites. Elsewhere, sale documents have gone out for ASX-listed Healius' medical centres business. Interested domestic and offshore PE firms have been signing up to non-disclosure agreements with Healius' sell-side adviser Morgan Stanley to get more info. And finally, we've got our hands on the sale flyer for embattled fintech Sargon's financial advice subsidiary Madison Financial Group. Happy reading, Sarah, Anthony and Tim. |