The Guardian Australia ·general ·2 hours ago

‘Toxic to Australians’: Trump’s $1.5b luxury Gold Coast tower project scrapped

Trump Organization and Australian developer Altus Property Group scrapped their $1.5 billion Gold Coast luxury tower project after less than three months of negotiations. Developer David Young blamed the Trump brand becoming "toxic to Australians" due to US-Iran tensions, while the Trump Organization cited Young's failure to meet financial obligations. Both parties denied responsibility.

Summary by Glance · The Guardian Australia

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