Penrith councillors have knocked back the Phoenix Groups development application for 92 units in Emu Plains. The proposed three to four storey buildings had attracted opposition for being out of character for the local area. Phoenix Group has lodged another development application for the same block of land.
Three years after $1B+ valuation, RetireAustralia faces $850M sale
Infratil and NZ Super put its jointly owned business RetireAustralia on the market in March 2022 with a reported price tag of over $1 billion. With its profits soring, the joint owners announced it was off the market in December 2023. In April last...