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Health clubs become the new nightclub, + D-Day looming for Lendlease
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Email Fancy wellness spots such as Tim Gurner’s growing Saint Haven clubs are replacing ritzy night clubs in Melbourne’s most exclusive suburbs.
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HEALTH
Gurner’s health club finds new perch in Kestelman’s tower
Fancy wellness spots such as Tim Gurner’s growing Saint Haven clubs are replacing ritzy night clubs in Melbourne’s most exclusive suburbs.
BEN WILMOT
PROPERTY
Lendlease chair to exit after investor revolt
Former banker Michael Ullmer plans to leave the beleaguered developer in November, which could spark more unrest as big investors have flagged they want him to leave more quickly.
By BEN WILMOT, TANSY HARCOURT
COMMENTARY
D-day looms for floundering Lendlease
The company started by Dutch immigrant Dick Dusseldorp in the 1960s faces a reckoning and investors won’t forgive its current management if the turnaround isn’t swift.
By GLENDA KORPORAAL
PROPERTY
Check out this five-star retirement village
Australia is considered one of the world’s most expensive countries to retire in, so try a luxe but affordable alternative near Queenstown, New Zealand.
By LISA ALLEN
PROPERTY
Rare ATO action at pub empire, $500m rescue in doubt
The latest intervention by the Australian Taxation Office in Jon Adgemis’s $500m debt deal risks upsetting the Sydney pub baron’s attempts to rescue his empire.
By DAVID ROSS
CONSTRUCTION
CBA offers developers ‘Afterpay’ for unit buyers
Developers will be able to secure pre-sales with buyers initially stumping up just $10,000, in a new play by Commonwealth Bank and Coposit to help get more projects built.
By MACKENZIE SCOTT
POPULATION BOOM
AVJennings pulls project as housing approvals slow
The home builder has pulled out of a development site in southeast Queensland citing application delays and infrastructure costs, coinciding with a slump in new housing through the region.
By MACKENZIE SCOTT
HOME CONSTRUCTION
Population growth heats up the housing hotspots
Surging population growth in the suburban outskirts of Sydney and Melbourne has made them hotbeds of construction activity at a time when housing building struggles.
By MACKENZIE SCOTT
WEALTH
The hidden reason super for home buyers will work
Many younger Australians would be better off sidelining super and making sure they own their own home.
By JAMES KIRBY
EXCLUSIVE
Industrial property might: big portfolio trades to reshape industry
Billions of dollars are being sought to back a new wave of logistics centres as big companies demand the new complexes as they shake up their supply chains.
By BEN WILMOT
New Hedley Thomas investigation is here
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