This Month
ASX sinks; Obesity is costing a fortune; Trump has no cunning plan
Read everything that’s happened in the news so far today.
This top agent says luxury property will weather the market storm
Property veteran Ken Jacobs, who has been selling premium homes for 50 years, says the sector is one of the safest investments amid sharemarket chaos.
Murdoch abandons new bid for Rightmove over tariff chaos
Other multibillion-dollar deals and stock market floats are also at risk amid global trade uncertainty.
Metrics-funded Northern Beaches development heads for court
Street Talk understands Metrics briefly paused funding the Sam Mustaca-led residential development in Sydney’s Warriewood.
PE heavyweight buys fashionista’s $45m Bellevue Hill home
Private equity operative Nick Speer and his wife, Camilla, have purchased a Sydney mansion owned by fashion stylist and influencer Natalie Jacobson.
Crane index shows little sign of a building boom
While home-building activity picked up in one large city, the latest crane count paints the picture of a sluggish construction sector.
March
Housing market recovery gathers steam
With a helpful kick from the Reserve Bank’s first interest rate cut, Sydney and Melbourne house prices are climbing once again after modest recent declines.
Top-ranked A-League club Western United hits financial turbulence
Two companies that underpin the Melbourne soccer team face winding up motions from creditors, one of which has not been paid the $5000 it is owed for months.
Foreign investors banned: What else is in it for you
From a ban on foreign investors buying existing houses to pork-barrelling road projects in marginal electorates, here’s a sector breakdown of the budget.
North shore home fetches $700k more in just three years
Some homes – such as a four-bedroom place in Sydney’s St Ives – sold well, but auction clearance rates slipped for a fourth straight week.
How three siblings increased their inheritance by $278,000
Renovating may be a lucrative option if you’ve inherited an outdated property with dowdy features.
Inside Macquarie’s $237m punt on the east London riverside
It has taken four years, but the wealth giant’s British build-to-rent vehicle Goodstone Living seems to be finding its feet – on the site of a famous former Ford factory.
Medico buys Packer’s $27.5m Sydney penthouse
Histopath founder Dr Chris Douglas has taken the keys to Francesca Packer-Barham’s luxury apartment within the Harry Seidler-designed Horizon tower.
Slash stamp duty to encourage retirees to downsize: ING
The bank’s local chief executive, Mel Evans, said shorter-term solutions to housing affordability were needed until more new properties hit the market.
Californian cannabis king lists $24m private Fijian island
There’s an opening in Fiji’s coveted private island market, with the listing of Vawa by American entrepreneur Barry Walker.
$13m Byron Bay estate sells (at a discount) to make suburb record
Wellness warriors James and Chrissy Duigan have sold their luxury Newrybar retreat, after slashing the price by about $7 million.
Melbourne private lender spruiks funds despite gating redemptions
Banner Asset Management was the largest lender to the glitzy Chevron One development on the Gold Coast, and stopped allowing withdrawals more than a year ago.
Buyer hands over $5.4m asking price to avoid renovation
Construction costs may be easing, but purchasers are still wary of getting stuck with huge bills and unpredictability. They’re willing to pay for certainty.
Seven women who just missed the cut in this year’s Rich List
The cut-off for this year’s Financial Review Rich Women List surged by 53 per cent, meaning many high-flyers fell just outside the top 75.
AirTrunk executives splurge on luxury property after $24b mega deal
Top management identities have been buying up Sydney trophy homes after the hugely successful data centre provider’s acquisition by Blackstone last year.