Brisbane's historic prison, Boggo Road Gaol, will undergo a $300 million redevelopment which the Queensland Government believes will give the 131-year-old "mothballed prison a new lease on life''.
A company controlled by the Prince of Brunei has snapped up a city office owned by Victoria University in a $23.6 million deal.
A site part-occupied by the producers of popular TV shows Dancing with the Stars and Deal or No Deal will be transformed into 490 apartments in two 23-level towers after gaining planning approval.
The demand from overseas investors for Australian office, retail and industrial properties has pushed the total sales to close to $11 billion in the past three months, and more of the same it tipped as more properties hit the market.
Australia’s ageing payphone network has been brought back from the brink of redundancy to become WiFi hotspots for Telstra customers.
Australia’s second-fastest growing internet service provider M2 Telecommunications is poised for an aggressively-priced launch into internet television that will pit it against Telstra and Foxtel, which is preparing to launch into broadband next year.
Euro zone inflation slowed again in September as some food and energy prices fell, a first estimate showed, reinforcing expectations the ECB will ease policy further and sending the euro to a two-year low.
Local shares are poised to fall to start the month amid further weakness on Wall Street after the latest round of economic data disappointed.
Those advocating placing regulations on lending to the housing market received some ammunition on Tuesday from the Reserve Bank latest stats showing stronger growth in lending to buy investment properties . It's the hot end of the market that has captured the attention of everyone from the banks to governments and most of all, buyers and sellers.
Elisabeth Murdoch will walk away from the TV production empire she built when the planned merger between her Shine Group and two other companies, Endemol and Core Media, is finalised.