OPINION

The average rent in Sydney skyrocketed 18 per cent to $650 a week for the year to September 30, and one expert warns that “rental growth is likely to continue in the major capital cities”.

Australia’s love affair with a bargain is going strong with discount retailers The Reject Shop and Aldi coming out on top in a massive customer satisfaction survey.

High-profile property developer Rafi Assouline has sold a block of apartments at a prominent Bondi Beach site for circa $16m — $2m more than the price guide.

There is manoeuvring in the $6 billion offer by telecommunications company Vocus Group for its rival TPG's non-mobile fibre assets, says Sky News Business Editor Ross Greenwood. Vocus is seeking to buy TPG's government and enterprise-focused network, which would represent a competitive challenge to...