Business News

Supermarket giant Lidl won’t be taking on Coles, Woolworths and Aldi in Australia any time soon, an industry expert says, despite rumours the German discounter had been planning an invasion.

REA Group chief economist Nerida Conisbee says it’s only a matter of time before Donald Trump’s presidency impacts Australia’s financial and property markets. But it’s not all bad news.

The Queensland government is sounding out the market for interest in another regional casino ­resort, following the withdrawal of the multi-billion-dollar Aquis development. This article originally appeared on theaustralian.com.au/property.

British celebrity chef Jamie Oliver will take control of his namesake restaurants across Australia after reaching a deal to purchase the Jamie’s Italian chain. This article originally appeared on theaustralian.com.au/property.

Like many Australians, I’ve been watching the US election unfurl with a mixture of fascination and amusement. This article originally appeared on theaustralian.com.au/property.

The local boss of discount supermarket Aldi has mixed news for Australia’s leading super­markets Woolworths and Coles. This article originally appeared on theaustralian.com.au/property.

Embattled theme park operator Dreamworld considered developing a multi-million-dollar luxury resort, retail complex and time-share apartment precinct adjoining its Gold Coast site. This article originally appeared on theaustralian.com.au/property.

China’s Han’s Group is emerging as the next major player in the Sydney CBD, lodging a development application for a $500 million mixed use development with one of the tallest buildings in the city. This article originally appeared on theaustralian.com.au/property.

Property developer Mirvac has reaffirmed guidance for the full year despite “mixed” conditions in the residential market across the country as foreign buyers delay settlement. This article originally appeared on theaustralian.com.au/property.