This Month
- Exclusive
- Victoria residential property
Alex Waislitz and Tim Gurner feud over luxury St Kilda tower
The wealthy businessmen are at loggerheads over problems at the Saint Moritz development. Mr Waislitz says Mr Gurner is trying to silence residents.
- Exclusive
- Commercial Real Estate
They built a $180m office but struggling to get tenants
The vacancies in towers built on the back of private credit come amid difficult times for developers, more of which are falling into administration.
MaxCap investor groups face off over stalled Byron Bay project
The private credit firm is contemplating selling the development site in a move it has warned could mean one group of investors will end up losing its money.
- Exclusive
- Commercial property finance
MaxCap warns of real estate fund return slump and asset fire sales
The private credit firm has told investors that an “extended period of high market volatility” had hurt the viability of some of its real estate investments.
- Updated
- Exclusive
- Commercial property finance
The secretive Saunders family is going all in on lending to the rich
The late John Saunders founded Westfield with Frank Lowy. The family investment vehicle sees plenty of opportunities in helping the cash-strapped wealthy.
December 2024
Gerry Harvey reveals his biggest problem with property development
The retail billionaire and sideline property investor says costs will keep rising, and that’s bad for projects – as well as for the people who work on them.
- Updated
Investor letters reveal private credit exposure to collapsed developer
APH Holding fell into administration last week, owing several lenders significant sums. Correspondence shows how short one lender, MaxCap, is on a project.
Major developer APH collapses, sending ripples through private credit
The Melbourne company had already put many of its projects on the market. Its biggest lender, MaxCap, says it expects to be repaid in full.
Hospitality empire behind Rockpool reports $288 million loss
The restaurant group, now called Pacific Hunter, grew out of celebrity chef Neil Perry’s high-profile Sydney steak restaurant.
- Updated
- Commercial property finance
Singapore’s CapitaLand nails $200m Wingate deal
CapitaLand confirmed its intended acquisition of Wingate for $200 million as the Asian real estate manager expands into private credit.
- Opinion
- Governance
I sent Andrew Forrest 50 hard questions. He invited me to have a talk
After months of reporting, and only carefully worded written responses from Fortescue, I found myself with the iron ore billionaire on the company jet in the Pilbara.
Fortescue’s Game of Thrones moment
When the firm’s troubled Iron Bridge mine blew its budget and fell behind schedule, Andrew Forrest called a meeting likened to the series’ “red wedding” scene.
The mystery twist in Adgemis’ fight with Gazal
A long list of Sydneysiders and Melburnians would be keen for the details of the stoush.
- Exclusive
- Governance
Fortescue executive chairman Andrew Forrest in his own words
After The Australian Financial Review sent 50 questions following an investigation, the iron ore billionaire and green energy advocate sat down for an interview.
- Investigation
- Governance
Inside the ‘unending chaos’ at Andrew Forrest’s Fortescue
After a frenetic world tour, the billionaire had to wind back his hydrogen plans. A Financial Review investigation looks at what led to an exodus of executives.
- Exclusive
- Rich Listers
Late billionaire David Hains’ sons go their separate ways
People close to the family said that the split of assets was amicable. One son of the pioneering hedge fund manager has quietly started his own family office.
November 2024
- Reports
- Fast 100
The Fast Lists 2024
The Fast Lists include the “Fast 100” list and “Fast Starters” list and are the authoritative voice on the fastest growing companies in Australia.
This start-up grew by 2300pc in a year
Blake Thompson, who says he was once a little “off the rails”, and his business partner pulled in revenue growth over 2300 per cent.
- Overall Winner
- Fast 100
This is the fastest-growing company in Australia
Founded by an ex-banker, this air ambulance start-up has achieved 700 per cent revenue growth thanks to business from the cruise industry.
- Exclusive
- Gaming & wagering
Laurence Escalante’s VGW bulks up exec ranks as casinos bristle
Virtual Gaming Worlds was one of the early beneficiaries of a US legislative loophole in states where gambling is otherwise banned. It’s now under attack.