CLASSIC ROD CLEMENT
A joint venture between Gurner and Singapore’s Thakral group, it was bankrolled by Shayne Elliott’s ANZ in a funding deal organised property finance wizards Maxcap, where Paul Keating sits on the board.
Maxcap, which has backed every one of Gurner’s developments and also runs a $40m mezzanine fund invested in the project, is also looking to the sunny side. Boss Wayne Lasky reckons Brisbane is a “self-regulating market” when it comes to apartment supply.
Elliott’s ANZ seems similarly relaxed.
Meanwhile, Gurner’s private property moves appear almost as frenetic as those on the corporate side.
The mansion in Melbourne’s leafy Toorak he calls home, owned by wife Aimee, is on the market with hopes for as much as $9m — a happy increment from the $5.3m she paid for it in February 2014.
It’s something of an upgrade from the couple’s previous home, a renovated Edwardian in Brighton sold in March that year for $2.5m.
It boasted a glass garage that, at least in real estate sales material, played display home to an Aston Martin.
Taking a leaf out of ANZ boss Shayne Elliott’s playbook, National Australia Bank boss Andrew Thorburn took to the airwaves on Friday to talk directly to his people, live and unedited. Expect soon to see Westpac’s Brian Hartzer on the hustings kissing babies.
Thorburn was talking with 3AW’s talkback king Neil Mitchell and appears to have temporarily lost his marbles engaging with caller Steve, a customer with Thorburn’s $83 billion bank.
Steve, who has two credit cards with NAB, quizzed the bank boss on why credit card rates hadn’t fallen to the same extent as those for home loans.
“Hi Steve, it’s Andrew speaking,” Thorburn began.
“So we would like to help you … that number I mentioned before you can call that, or email me at andrew.thorburn @nab.com.au and I can help you offline,” he said on 3AW. So now we all have it. It’s a precedent set by Elliott last year when he addressed an audience of fintech types and then again a few months ago on Tom Elliott’s drive show on the same radio station. What’s next? The punters over for Sunday roast?
Tim Gurner’s tower block