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News
From Topshop to Toys R Us: brutal reasons famous brands often flop in Australia
4+ day, 15+ hour ago (1696+ words) Toys R Us was a huge brand before its sensational collapse. They’re the ultimate cautionary tale for all the powerhouse global brands who have announced ambitious plans to expand in Australia – the foreign brands that flopped Down Under. With brands…...
MIT co-founder Shesh Ghale lists Melbourne corner site
5+ day, 14+ hour ago (517+ words) The vacant site at 388 William St, Melbourne, is ready for a new owner. A prominent billionaire businessman is offloading a vacant Melbourne CBD corner site with price expectations at an eye-watering circa-$90m. The property at the intersection of William and…...
Solution to ‘Invisible problem’ costing Aussies $600m a year
1+ week, 3+ day ago (788+ words) Aussie motorists are being encouraged to solve an ‘invisible problem’. Aussie motorists are being encouraged to solve an ‘invisible problem’ and alleviate time issues by logging into a new app. The Parksy app claims it makes it easier to find parking,…...
Boutique events and millennial raves: The reinvention of Australia’s festival scene
1+ week, 5+ day ago (1151+ words) Last month, Laneway Festival announced it was scaling back its touring footprint, axing its Perth and Adelaide shows in 2027. It’s the latest sign of an industry in flux, as rising costs and changing audience habits force promoters to rethink the…...
Inside the forgotten ghost town once chosen to be an Australian capital
1+ week, 5+ day ago (926+ words) Australia has a forgotten “capital” – and today it’s a ghost town of crumbling buildings, cattle dust and a pub where no one’s poured a beer in decades. Long before Darwin cemented its place as the Northern Territory’s powerhouse, Newcastle Waters…...
Hemsworth buys stake in Australian whiskey company
2+ week, 3+ day ago (420+ words) Chris Hemsworth is the new co-owner of Archie Rose. Picture: Archie Rose Australian Hollywood icon Chris Hemsworth is branching out from acting after buying a stake in Sydney whiskey company Archie Rose Distilling Co. The brand, which was founded in…...
Port Pirie gets new Australia Post hub as online shopping booms
2+ week, 4+ day ago (441+ words) A new Australia Post delivery centre has opened at Port Pirie. A third new Australia Post delivery centre has opened in South Australia, making it easier for regional residents to receive parcels. The Port Pirie facility, which replaces a former…...
Flight Centre, Virgin Australia HQ changes hands in $255m deal
3+ week, 2+ day ago (410+ words) A landmark Brisbane office tower housing the global headquarters of Flight Centre and Virgin Australia is set to change hands for a whopping $255 million. LDR Capital, the real estate investment arm of the Lederer Group, has exchanged contracts to acquire…...
Iconic Blue Mountains hotel the Hydro Majestic hits the market
3+ week, 3+ day ago (455+ words) The Hydro Majestic Hotel in the Blue Mountains. Investment managers Salter Brothers are looking to offload the iconic Hydro Majestic Hotel in the Blue Mountains, sounding out offers from both domestic and international interested parties. The Melbourne firm bought the…...
Serious star power: World famous surf ranch closer to selling
3+ week, 5+ day ago (675+ words) A Hollywood actor, a world champion surfer and Australian rich listers have all set their sights on Gnaraloo Station, a unique 78,000 ha wildlife sanctuary and surf retreat situated at the southern entrance of the Ningaloo Marine Park in Western Australia....