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October 2021
Backdating claims put Raptis directorship in spotlight
The veteran Gold Coast developer, accused of tax avoidance in an ATO claim, maintains he has always conducted his affairs legally.
CBA wrongly ensnares retiree in Raptis freeze order
When Commonwealth Bank went to implement a court-granted $80m freezing order, something went wrong.
ATO freezes $80m in assets tied to developer Jim Raptis
The ATO alleged the Gold Coast developer, members of his immediate family and associated companies, were involved in “tax avoidance arrangements”.
Gold Coast developer’s connection to Pandora
A man who has seen the booms and busts of the Australian property cycle has emerged in the Pandora Papers.
September 2015
Raptis Group heads back into the Gold Coast action
Gold Coast property developer Jim Raptis expects the collapsed listed company Raptis Group to be trading again within two months and to be buying up developments within two years as the Gold Coast property market turns.
September 2014
Federal Police to take a hike out of Brisbane CBD
The Australian Federal Police are closing in on a new 3000 square metre premises outside the Brisbane central business district with private operator Raptis Group.
December 2012
Tax win a step in right direction for Gold Coast developer Raptis Group
Collapsed Gold Coast developer Raptis Group has moved a step closer to being resurrected as it was revealed on Friday that $31 million in tax claims against its construction unit have been withdrawn by the Australian Tax Office.
March 2009
Raptis creditors set to okay deed of arrangement
The creditors of Gold Coast property developer Raptis Group are expected to approve a deed of company arrangement (DOCA) at a meeting today
Raptis asset values plunge
Creditors of the stricken Raptis Group can expect no returns if they liquidate the development group as estimated returns from its assets continue to plummet
February 2009
Raptis lenders get in line
The future of Gold Coast property developer Raptis Group's assets hang in the balance as some of Australia's highest profile financial institutions look at ways to recoup millions of dollars in debt
Raptis buckles down to rebuild fortunes
Attempts to restructure and save south-east Queensland developer Raptis Group began in earnest yesterday as a handful of its 27 creditors met for the first time since voluntary administrators were called in last week
Asians chase Raptis' Gold Coast hotel
Two Asian conglomerates are now in the running to buy the Sheraton Mirage Gold Coast Hotel at Southport after the lead bidder, Don O'Rorke, requested more time to complete the deal
Raptis collapse may hit banks
Nearly 30 banks and financiers could be hurt by the collapse of Raptis Group given its debts have blown out to more than $960 million, according to voluntary administrators for the Gold Coast property developer yesterday
Raptis collapse may hit banks
Nearly 30 banks and financiers could be hurt by the collapse of Raptis Group given its debts have blown out to more than $960 million, according to voluntary administrators for the Gold Coast property developer yesterday
Raptis turns itself in owing $780m-plus
Months of speculation over the future of Raptis Group have ended with the company, which had been developing billions of dollars of real estate on the Gold Coast, going into administration
December 2008
November 2008
Raptis sells Mirage Gold Coast
London-based BlueSky Capital and interests associated with Brisbane property developer and investor Don O'Rorke have teamed up to acquire a signature Gold Coast hotel developed by disgraced property entrepreneur Christopher Skase in the 1980s.
Lend Lease summons receivers to Cira site
A dispute over a high-profile Gold Coast site led Lend Lease to appoint receivers to Cira International, a company jointly controlled by the Raptis Group and CP1, late on Friday.
Gold Coast gets gloomy first "It's harder to borrow $5m today than it was to borrow $100m last year."Jim Raptis
In tough times, buyers of property and items such as luxury boats dry up and many feel the pinch.
September 2008
Developers dig their way out of hole with sale
Crippled property groups Raptis and City Pacific have sold a development site for $30 million to Gold Coast developer Con Nikiforides.