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Primary, Sonic Healthcare wins from government pledge on rent control

Tim BinstedReporter

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The Turnbull government has neutralised a vocal opponent by promising to control spiralling pathology collection centre rents, which will boost margins for companies such as Sonic Healthcare and Primary Health Care.

The pathology sector has been in open revolt since December when the government unveiled plans to save $650 million by cutting bulk billing incentive payments for certain diagnostic tests such as X-rays, blood tests, and MRIs.

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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/primary-sonic-healthcare-wins-from-government-pledge-on-rent-control-20160516-gow4ny