Althea has flagged a further round of cost cutting and detailed plans to raise A$4 million as it seeks to strengthen its financial position.

The operator said it has identified annualised cost savings of A$900,000, alongside the $1m previously flagged in July. The savings will mainly come from corporate and divisional overheads.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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