business

A Mitre 10 franchisee has won a crucial legal costs fight against Bunnings, allowing him to take on a high-stakes case to try and stop the hardware giant opening up next door to his Queensland store. Source link

Former NSW building commissioner David Chandler has told a corruption inquiry that an allegation of an “extortion attempt” targeting construction company Toplace was used against him in efforts to get a prohibition order on its development lifted. Source link

Bathla Group’s collapse leaves buyers and builders waiting for answers. Source link

The Reserve Bank, it has been revealed, reduced its target share of US dollars in its foreign reserves portfolio by 10 percentage points in 2025. Source link

One of Australia’s largest ski resorts has had its value halved, with its owner blaming a poor 2026 snow season and the need to install new chairlifts and more snowmaking.  Source link

Tasmania Police officers have been using a ‘clunky’ intelligence system for years. KPMG was engaged to update it, but after two years and $6 million, its contract has been terminated and neither party can say why. Source link

The collapse of a large and hugely indebted NSW property developer leaves several private credit lenders and their investors heavily exposed, while other major funds have started restricting withdrawals. Source link

There has been a 20 per cent jump in Australian children growing up in rental households this century, with this group facing an average of six moves by age 14, according to a new research paper. Source link

Hobart City Council has voted to advance strict new limits on whole-home short stays. The plan, which aims to protect long-term rentals, will now go to the state planning body for final approval.   Source link

Accounting firm KPMG says it is facing the consequences of its “past failings” as it is dropped by Macquarie Group. Source link