Survey reveals Cairns Council rates hike could lead to poverty

A survey of nearly 300 retirement village residents reveals that Cairns Council’s proposed rate hikes – up to 800 per cent could push people “to live under the poverty line”.

People moves and news

Frasers Property announces that Anthony Boyd, Group Chief Operating Officer of Frasers Property Limited, will be stepping down from his role effective 4 July 2025.

Chief Executive | QLD Productivity Commission review in the balance

The CFMEU construction division. The concrete shoes on Australia’s union movement.

Sydney slips out of global top 10 data centre markets

Sydney, along with Tokyo and Mumbai, has fallen out of the global top 10 established data centre markets. Cushman and Wakefield’s Alex Moffatt says it is thanks to cost and land availability. 

Melbourne’s hotel market set for growth

Melbourne has a higher level of new hotel room supply completed and in the pipeline over the next few years compared with the other major capital city gateways, according to a new report.

Kmart Group announced new fulfilment centre at ESR’s Moorebank Intermodal Precinct

Kmart Group has announced plans to open a new 100,000sqm fulfilment centre at ESR’s Moorebank Intermodal Precinct in Sydney’s south-west to increase capacity and future growth. 

Property firms encouraged to engage Indigenous businesses

Property firms are being encouraged to integrate Indigenous businesses into projects through targeted procurement and stronger supplier relationships.

Brisbane City Council to review density residential zoning

Brisbane Lord Mayor Adrian Schrinner announced at a Property Council event plans to review Brisbane’s low-to-medium density residential zoning.

People moves and news

Colliers has announced Will Goldsworthy, who led Colliers’ Queensland retail agency business, will take on the leadership position in its New South Wales retail agency business. 

Chief Executive | Victoria – where next?

Next month, the Victorian Treasurer will head to New York to speak with international credit rating agencies. Downgrades ahoy.