The construction of the nation’s tallest skyscraper in Melbourne has hit a major setback, with the project manager for the planned $2bn development collapsing after being chased for unpaid bills.

The Tarascio family has sold off a prime Melbourne site where it had planned a luxury tower for more than a decade, as financial conditions in Victoria sour. The family’s Salta property ...

Melbourne’s long-anticipated airport rail link has taken a step forward, with the Australian federal government confirming it will allocate A$7bn for the project.