Police have failed to investigate a fraud involving ­Auburn deputy mayor Salim Mehajer’s group of property companies.

Caledonia Investments executive chairma Mark Nelson and wife Louise have bought into Melbourne’s tower of power.

Sales of riverfront units in Brisbane are outpacing the city’s wider apartment market.

House prices rose at the fastest pace in seven years through 2016, with Sydney topping the capitals with gains of 15.5pc.

Malcolm Turnbull is facing not just the expected sniping from the sidelines but growing discontent from the political middle as tax reform and renewable energy policy go nowhere, writes Ian Verrender.