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Boxing Day sales spending to hit $1 25 billion with clothing,food and houshold goods most popular items

Retailers are hoping shoppers splurge $1.25b in just 24 hours, but economists warn even that will not be enough to produce an end of year boom.

Medibank Private secures binding deal to lift MyHealth stake

It is understood the listed insurer will go from owning about 33.3 per cent of the GP clinics chain to 66.66 per cent at a $260 million valuation.

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