Yesterday
Victoria claims a land advantage in the data centre race
Even as states try to balance the needs of computing with other purposes, they see a big prize in hosting artificial intelligence-supporting infrastructure.
This Month
‘Bunch of losers’: What Victorian Liberals think about their party
The chasm inside the Victorian Liberal Party has grown so big, some fear a one-party state will emerge from all the chaos.
May
Melbourne’s East End bets on a dining-led recovery
Hospitality operators are investing millions in a bet on Melbourne’s prized status as Australia’s top destination for big-spending tourists.
Melbourne entrepreneur builds $3b gaming empire out of solitaire app
Meet the Aussie game designer who’s built a global company by making simple online games better than anyone else.
Toorak mansion with Merlo touch flips for $15m
The acclaimed garden designer has sold his latest mansion project for about $15m.
Rich Lister puts Melbourne Theatre Company in the black
An unusual fundraiser rescued Victoria’s largest theatre company, but donations declined at number two Malthouse after a controversial year.
One state capital just had a record month for hotel rooms sold
Melbourne hotel bookings were at a high in March, dispelling suggestions that there has been an oversupply of new stock.
Melbourne’s billionaire Besen family sell $50m Toorak estate
The sprawling compound of late billionaire philanthropists Marc and Eva Besen on one of Melbourne’s most exclusive streets has sold for about $50 million.
Recount to start in election’s closest run race
Bradfield on Sydney’s North Shore goes to a recount, while independent MP Zoe Daniel has requested one in the Melbourne seat of Goldstein.
Victoria warned to fix ‘punitive’ taxes or face worse housing problems
Treasurer Jaclyn Symes confirmed she has been consulting industry about reforms to lift housing supply, and proposed tax setting changes “are on the table”.
Retail boss buys $20m penthouse in James Packer-backed Toorak project
Retail heavyweight Daniel Agostinelli has set a Toorak apartment record, paying more than $20 million for an off-the-plan penthouse.
Major InterContinental expansion bolsters Salter Brothers’ ASX hopes
The international hotelier will rebrand three Crowne Plaza properties in Sydney, Melbourne and Canberra and bring back the Regent chain after decades.
Almost half Victoria’s tax take comes from property
The rise to 47 per cent of a total tax take is a distorting feature in a sector that is crucial to the state’s overall economy.
‘Nanny state’: Victorian pubs put brakes on expansion
Publicans are casting their eyes on NSW and Queensland amid concerns that stricter controls on pokies could eat into their revenue.
Failed childcare boss flogging historic Toorak mansion
Darren Misquitta’s childcare entities face millions in unpaid bills. He’s also selling one of Toorak’s most iconic mansions.
Melbourne posts highest clearance rate ahead of RBA rates decision
Auction volumes have picked up ahead of the Reserve Bank of Australia’s widely expected cash rate cut on Tuesday.
Blackstone had big plans for Crown Towers. They haven’t materialised
Blackstone spent $8.9bn on Crown Resorts in 2022 and promised investment. Crown Towers is now in desperate need of a glow-up – and it’s starting to become a problem.
Stockpicker sets suburb record as controversial chef exits
Two mansions overlooking Albert Park’s coveted St Vincent Place have sold, with one resetting the suburb record.
Hospitality veteran Vince Sofo eyes $33m for grand South Yarra pad
Former Espy Hotel owner Vince Sofo reveals the story behind restoring one of South Yarra’s most glamorous homes.
Daniel Andrews’ gang gets back together (without the boss)
Just look at the guest list of this party to see the extent of the former premier’s inner circle’s influence over Melbourne.