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Magdalena Duma

Preston polishes up its act

WHEN last house-hunting six years ago, I spent almost all my energy looking in North Fitzroy and North Carlton. You see, under my edgy exterior I have quite blue blood. I don€™t want it, it is very expensive and annoying to be so fussy. (Since then I believe these two suburbs may have been officially renamed Royal North Roy and Golden North Carlton.) Anyway, in spite of my blue blood I could not afford any of the houses in these supremo locations, so now I reside in sunny Northcote €” where the temperature is always at least four degrees hotter than the CBD thanks to the northerly whooshing down St Georges Road. After six years I have grown used to it and also have come to realise that Preston, once a camel-and-waterbag prospect for me, is actually very close and swiftly becoming quite the posh neighbour.

French boss drops in as Rip Curl profit soars

THE CO-FOUNDER of Rip Curl's European arm has increased his stake in the company, joining founders Brian Singer and Doug Warbrick as an owner of the key voting shares.

Lawyers to pay $9m for conspiring to lure away clients

A FORMER Freehills partner and a former in-house lawyer for Westpac must pay nearly $9 million in damages after they were found to have conspired to lure lucrative oil and gas clients away from their former employer.

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The Duchess Lingerie

Road to recovery for major retailers

UPMARKET retailer Country Road has joined the ranks of Myer and David Jones to announce a "pleasing" second-half trading result and tipping earnings to rise by 52 to 56 per cent for the full year.