The 10 people who have shaped Sydney smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
A mountain of related-party transactions are common in Sanjeev Gupta’s global empire, with one of his lesser-known Australian entities underlining the inter-dependency of his companies.
-National house prices up 2.8% in March
-Auction clearance rates hit record 83%
-Melbourne CBD assets under greatest pressure
-Woolworths sustains market share gains over Coles
By Mark Story
Housing recovery: A tailwind to economic growth
Having delivered the strongest monthly price growth since 1988, national house prices were up 2.8% in March from February, which underscores broad-based strength across loan demand, construction and turnover; and all are expected to provide a tailwind to broader economic recovery.
While detached house prices continue to lead the strength (3.1% for the month, and 6.0% for the year), price growth from apartments this month was also solid (1.9% for the month, and 1.1% for the year). By state, strength was led by Sydney (up 3.7% for the month), with Melbourne and Brisbane prices increasing 2.4% for the month and Perth 1.8%.
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Marcel Mihulka and his family chose to live near Shell House â the skyscraper on the corner of Flinders and Spring streets â in part because of the heritage listing stopping redevelopment of one of Melbourneâs most decorated pieces of architecture.
But the heritage listing for the skyscraper, designed by world-renowned architect Harry Seidler, will be set aside if an application before authorities is successful.
Marcel Mihulka on the plaza where Shell Houseâs owners want to build a second skyscraper.
Credit:Jason South
The towerâs owners, the Besen and Roth families, want to dig up its rear plaza in Flinders Lane and build a 33-storey tower, standing alone from Shell House but linked via a sky bridge at the 15th level.
Shell House skyscraper plan puts spotlight on heritage laws in Melbourne CBD smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.