This Month
Metrics, Odus pair to develop $290m Gold Coast tower
Lower borrowing costs and more confidence about building costs is creating opportunities to tap the greater demand for housing, financier says.
May
Brisbane buyers pay $19.2m for yet-to-be-built Gold Coast penthouse
The resort-style apartment that will be atop David Devine’s Royale tower has sold for a record price for a Surfers Paradise unit.
Cult Aussie skincare brand sold for an estimated $50m to Vita Green
Queensland-founded skincare group Alpha-H, known for its Liquid Gold products, has been sold by its PE owners to a Hong Kong supplement company.
From banking to rocket science: the family behind Australia’s space bid
After two decades at Citibank, Adam Gilmour, his brother James and his wife Michelle are just days away from launching Australia’s first locally made space rocket.
April
Developer halves height of Gold Coast apartment tower
The move to cut the 40-storey tower to just 21 is the biggest example to date of the construction sector’s inability to meet the country’s housing needs.
Gold Coast developers ‘right-sizing’ projects amid construction crunch
MRCB International is focusing on a high-end 20-storey project which it says will be easier to get off the ground at a time when builders are harder to find.
March
What an election in the middle of NRL Magic Round means for Qld
Anthony Albanese’s polling date will clash with a major weekend in the NRL calendar as well as a long weekend in Queensland.
‘Superhuman’: Sea World staff slept at work to keep dolphins safe
As Tropical Cyclone Alfred crept towards south-east Queensland, Sea World set in motion a massive operation to ensure the park’s dolphins were safe.
Beef exporters and farmers count the cost of Alfred
Lucrative export markets were hampered by ex-cyclone Alfred as fruit and vegetable farmers in Queensland count the cost.
What to do if you have a holiday booked to Queensland
Flights are back, but the roads are chaos. Here are your options for cancelling flights as the impact of ex-tropical Cyclone Alfred lingers.
Iconic beaches stripped of sand could stay that way for months
Shorelines in tourism hotspots such as the Gold Coast and Byron Bay have been denuded by giant waves caused by the cyclone, and could take months to recover.
Alfred costing the economy $1b a day as Brisbane pummelled
Power remains cut to hundreds of thousands of residents as torrential rain causes flooding across Queensland’s capital.
Blackouts, flooding begin in cyclone disaster zone
Destruction has already begun from Cyclone Alfred, though the full force is not expected until Saturday.
ASX slips below 8000; Huge waves slam beaches; Joe Aston on WiseTech
Read everything that’s happened in the news so far today.
Bill could top $2b as Cyclone Alfred fears shut down Brisbane
Residents in a region spanning 500 kilometres along the east coast are bracing for destruction from the most powerful storm in 50 years.
February
Four standout restaurants to add to your Gold Coast must-visit list
Now you have an extra reason to hit the Goldie strip, which is fast becoming a paradise for foodies.
The hottest VC ticket in Sydney is an invite to this founder’s brunch
No plus ones, no alcohol, and no hard sales pitches. There is a 230-person waiting list for Frank and Jacques Greeff’s invite-only founders’ table.
Army entrepreneur snaps up second Gold Coast retreat for $10.5m
A defence industry entrepreneur has expanded his luxury foothold in the hinterland, snapping up another retreat in the lush hamlet.
January
Gold Coast tower with $25m penthouse and Tesla approved
The 23-storey tower overlooking at Broadbeach will have just 24 apartments including a triple-level penthouse, a Tesla car share and concierge service.
Star’s lenders bring in gun restructuring lawyer as casino risks collapse
The decision to hire Nikki Smythe is understood to have been driven by Deutsche Bank, which is shaping up as a key player in deciding Star’s future.