Yesterday
Melbourne’s Mecca superstore developer chases more cash
The property fund refurbishing the former David Jones site has been forced to ask for more money, at a significant discount, as it struggles to stay afloat.
This Month
Sawmills struggling, laying off staff due to housing slump
The timber industry was bracing for supply shortages to meet increased demand for housing. Instead, they are now struggling to sell their products.
$110,000 coffee date: CFMEU peace deal revealed as rot spreads north
A peace deal between a gangland associate and a Gold Coast developer has sparked calls for company bosses and gangland figures to join unionists at an inquiry.
Post office burglaries spark super fund security alert
Mercer Super has written to members after letters were stolen from its post box during a break-in at Australia Post’s Melbourne GPO.
Prestigious MCC members asked to consider ‘generational change’
The Melbourne Cricket Club’s lengthy waiting list ensures people are middle-aged before they have a hope of getting in.
Nick Smedley keeps The Australian Club close
Why did club members ever agree to Smedley’s elevation? Well, he’s kind of everywhere you look at William Street.
NAB directors met to discuss Andrew Irvine, urging him to smarten up
The Phil Chronican-led board informally convened this week amid disquiet from institutional investors about the bank CEO’s management style, sources said.
Controversial MP’s supporters storm Liberal election
Do the Liberal Party’s rank-and-file members have a problem with Moira Deeming? Judging by recent polls: hardly.
Cbus Property set to build $400m Melbourne residential development
Super fund developer Cbus Property purchases one-hectare commercial site to build two apartment towers and townhouses fronting Melbourne’s Yarra River.
NAB board backs CEO Irvine as investors demand ‘please explain’
The bank’s shareholders say directors must clarify discussions with the executive, warning there was a “lack of confidence in the investing public”.
Second elite private club books ASIC’s Joe Longo
Equal opportunity is the best answer to accusations of bias.
‘When will it stop?’: Billionaire basketball dust-up goes to email
The NBL has found its new HQ. The pitch for the property owned by Larry Kestelman has been lashed as a “contrived” charade.
The school so crowded kids have to take turns in the yard
State governments are struggling to keep up with infrastructure for a booming student population.
Toorak wellness house sells with feng shui approval after asking $39m
An award-winning mansion designed for healthy living has sold in a deal that involved multiple time zones.
Carer charged with child abuse worked at private equity-owned centres
The parents of more than 1000 children were urged to send them for infectious disease testing after a worker was charged with dozens of offences.
June
Property investor’s $100m soccer rescue in doubt
Player payments missed as officials say $100m takeover of cash-strapped A-League club Western United has not progressed since May.
Frydenberg’s glorious return to Kooyong appears inevitable
The former treasurer has the chess pieces in place to insert himself back into federal politics.
Melbourne and Sydney auction markets heat up
The Victorian capital has recorded its seventh week in a row of its preliminary clearance rate holding above 70 per cent.
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.
‘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.