Today
- Exclusive
- Online gambling
Gambling mogul lists superyacht at $10m, starts retailing supercars
A spokesman for Laurence Escalante’s private office said the sales were part of a new business venture.
- Primrose Riordan
Goodman warns on China as data centre push gathers speed
Occupancy across Goodman’s China portfolio was 93 per cent over the March quarter, compared with 98 per cent across its overall portfolio.
- Larry Schlesinger
Yesterday
Cettire founder makes rare appearance to talk up retailer’s growth
The luxury goods marketplace has been under considerable investor pressure with questions over some of the company’s duty and tax payment practices.
- Carrie LaFrenz
This Month
This former Young Rich Lister just spent $700k to alter his genes
Nick Bell’s first business failed, his next made him millions. The serial entrepreneur’s latest business venture involves helping people live longer.
- Julie-anne Sprague
Rich Listers sell tech firm Envato for $375m
It was once valued at more than $1 billion, but Cyan and Collis Ta’eed have sold their digital assets marketplace to New York-listed Shutterstock.
- Tess Bennett
April
Forrest-backed Minderoo to become bigger philanthropic force
The financial endowment behind Andrew and Nicola Forrest’s philanthropic Minderoo Foundation is expected to grow towards $40 billion by the end of the decade.
- Brad Thompson
The homeschooled billionaire who built a fortune before turning 40
Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake.
- Julie-anne Sprague
March
Singo sells famed Paddington complex for more than $30m
Annie Todd, the estranged wife of Atlassian billionaire Mike Cannon-Brookes, will take ownership of The Bonython office complex in Paddington.
- Larry Schlesinger and Bonnie Campbell
Clive Palmer reaps $447m in royalties from Chinese adversaries
Rich Lister Clive Palmer says he is confident of success with massive damages claim against the federal and WA governments, and will stand his ground in a separate legal dispute with one of China’s biggest conglomerates.
- Updated
- Brad Thompson
- Updated
- Retail
Cettire overhauls duties and returns policy to allay wary investors
The company will no longer disclose what customs charges are owed on goods at its online luxury marketplace, and has streamlined other customer features.
- Carrie LaFrenz and Jonathan Shapiro
- Exclusive
- Property development
Tim Gurner prepares for housing rebound with latest luxury offering
Tim Gurner has submitted plans for an $800m luxury apartment project on Melbourne’s St Kilda Road and says a rate cut will fuel a quick housing rebound.
- Larry Schlesinger
ESR and Frasers snap up $200m industrial site from Rich Listers
The two big industrial developers have joined forces to snap up a 64ha parcel of land in Cranbourne from the Tarascio family’s Salta Properties.
- Larry Schlesinger
- Exclusive
- Tax disputes
Street Talk triggered $207m freeze order; family ‘flight risk’
The rich Taiwanese-Australian family behind the Nature’s Care brand lied to the tax office about their income, court documents allege.
- Aaron Patrick
- Analysis
- Bulls & bears
Will this model keep working for fashion darling Cettire?
Share sales by the founder, opaque operations and a ballooning valuation: the luxury platform remains controversial with investors.
- Carrie LaFrenz
Australia’s 75 richest women now control more than $151b
The wealth of Australia’s richest 75 women soared by 30 per cent over the past year, as entrepreneurs in resources, tech, property and fashion enjoyed the fruits of a resurgent market.
- Michael Bailey and Yolanda Redrup
Meet the next wave of self-made women
A group of emerging female founders are positioned to grow their wealth substantially in the next decade.
- Yolanda Redrup
Rinehart blames Hancock pay gap on ‘helping women’ into mining
A 22 per cent gender pay gap at Hancock, versus a 15 per cent for all miners, is the temporary result of getting more women into the industry, Gina Rinehart says.
- Michael Bailey and Yolanda Redrup
February
The sum you need to make it into the top 1pc in Australia
Joining the top 1 per cent of wealthy Australians became easier last year as the country’s rich were hit with a weaker Aussie dollar and slowing economic growth.
- Primrose Riordan
Wealthy families are trying something new – ditching the secrecy
There’s a new breed of private investment vehicle for the super rich. And they’re less interested in managing money out of view than making more of it.
- Primrose Riordan
$80b data centre opportunity lifts Goodman to new high
While the industrial powerhouse swung to a statutory loss after asset values fell 4 per cent, it upgraded both earnings guidance and its data centre pipeline.
- Larry Schlesinger
