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Double Island reborn in $40m luxury transformation to lure Hollywood stars back
1+ day, 3+ hour ago (667+ words) Get ready, Australia, because the rumour mill is already churning! A tropical island paradise off the coast of Far North Queensland, once the exclusive hideaway for Hollywood heavyweights like Brad Pitt, Keanu Reeves, and Jennifer Aniston, is being reborn " and…...
Builders face war conundrum after initial costs fail to bite
1+ day, 9+ hour ago (540+ words) The reopening of the Strait of Hormuz could be decisive in setting building costs. Picture: ISNA The speed at which the Middle East conflict is settled could determine whether Australia's construction sector is battered by more cost escalations or if…...
Lost in translation: Why do mega-successful Aussie chains fail overseas?
1+ day, 3+ hour ago (1192+ words) For many Australian companies, success at home inevitably raises the question: can it work overseas? After six years chasing the American dream, Guzman y Gomez announced its exit from the US market last month, drawing a line under an ambitious…...
Massive Cheltenham industrial site sells for $53. 8m
1+ day, 9+ hour ago (600+ words) The Laminex manufacturing site in Cheltenham has been sold. Supplied: Colliers. A massive chunk of land in Melbourne's south east has been snapped up for an eye-watering $53. 8m amid expectations of a major residential and commercial redevelopment. The 5. 5ha Cheltenham address that's…...
Kmart opens first dedicated budget home store format
2+ day, 23+ hour ago (690+ words) Kmart's first K home store will open at Box Hill South as the retail giant pushes further into budget furniture and homewares. Kmart will launch its first dedicated home store on Thursday, stepping into a bigger fight for the wallets…...
Tiny Aussie start-up takes on grocery giants Coles, Woolies
3+ day, 10+ hour ago (722+ words) An Aussie start-up is taking on Coles and Woolworths " with a disruptive formula that 217 investors just backed. Aussie start-up Farm Thru has stepped into the fray as grocery prices surge by over 20 per cent in five years, and the two…...
Harvey Norman-anchored Gold Coast site for sale for first time in 25 years
3+ day, 9+ hour ago (582+ words) A Gold Coast industrial property anchored by national retail giant Harvey Norman has hit the market for the first time in more than 25 years, generating almost half a million dollars in annual net income. The freehold investment opportunity with a…...
Former AFL star Paul Dimattina anchors mega St Kilda turnaround
3+ day, 7+ hour ago (825+ words) Former AFL player and Lamaro's Hotel publican Paul Dimattina is backing Fitzroy Street's next chapter, with a cafe and deli planned for Fortis's $131m The Gild development in St Kilda. Former AFL player and Lamaro's Hotel publican Paul Dimattina is making…...
$3. 9m Victorian farm hides lucrative "black gold" truffle treasure
4+ day, 9+ hour ago (570+ words) 30 Pearsons Rd, Trentham, produced some 160kg of truffles in the past year. A regional Victorian farmlet, just outside of popular Daylesford, has hit the market with a $3. 6m-$3. 9m asking price and a surprising wealth reserve beneath its surface. The 30 Pearsons Rd, Trentham,…...
Lincraft to shut all 60 stores across Australia in shock closure
4+ day, 54+ min ago (411+ words) Australia's beloved craft institution, Lincraft, is progressively shutting the doors on its entire network of over 60 physical stores across Australia and New Zealand, elmininating hundreds of jobs. The news, initially conveyed to Lincraft Club members via email on Tuesday, confirms…...