Business

Simon Johanson

Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.

Commercial lending for residential construction has grown sharply.

APRA warns on commercial property lending standards

Australia's powerful banking regulator has fired another warning shot at the commercial property sector, saying it will further investigate lending standards and consider "additional guidance" if necessary.

CUB's brewery site in Abbotsford.

Fosters to sell CUB's Southbank headquarters

Australia's largest liquor company Fosters has moved to offload the Southbank headquarters of its famous subsidiary Carlton & United Breweries in a deal tipped to fetch $80 million once the six-storey building is sold.

Newspaper House, at 247 Collins Street, has been sold for $35 million.

Malaysian group buys Newspaper House for $35m

Newspaper House, the heritage Collins Street building with a glittering mural mosaic on its facade, has sold for $35 million just two years after it was acquired by listed Singapore developer-builder Lian Beng for $22.7 million.