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Chanel lands trophy store in $75m luxury deal

In a thumping vote of confidence in Melbourne’s CBD, luxury retailer Chanel has paid $75 million to buy its 10-year-old boutique on the corner of Russell Street and Flinders Lane. ....

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Coastal News Today | AUS - Paradise or purgatory? The Aussie billionaires buying islands

Mission Beach Dive water taxi operator Nancy Lowe owes her existence to nearby Dunk Island. Her parents met when they were working at the resort, back when “Dunk” was a byword for paradise, and a holiday there was one of the most sought-after prizes on Sale of the Century. ....

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