Ryman gets green light for Mt Eliza development – with conditions

Ryman gets green light for Mt Eliza development – with conditions
An artist's impression shows what the Moondah mansion will look like after development. (Image: Ryman)
Riley Kennedy
Ryman Healthcare’s plan to build a retirement village and aged-care facility on the waterfront in the Melbourne suburb of Mt Eliza has been approved.The A$317 million (NZ$341m) development on an 8.9-hectare site will see the full restoration of the 42-room heritage-listed Moondah mansion, built in 1888.After a long-running process, the Victorian Civil and Administrative Tribunal (VCAT) gave the plans the green light between Christmas and New Year “with some modifications and subject to permit conditions".The project was opposed...

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025