Pub boss is toast of the town Paddy Coughlan (pictured), co-founder of the Riversdale Group, has made his debut on the BRW Young Rich list for 2013 at no. 64. Along with Rod "Ned" Kelly, Coughlan has expanded Riversdale from a small pub in Alexandria to a stable of 11 hotels across Sydney and Brisbane with annual group revenue of almost $95 million and freehold assets of about $180 million. Backed by shareholders including Mark Carnegie's M.H. Carnegie & Co, John Singleton, former Qantas chief Geoff Dixon and Allan Johnston, the two are working on the Australian Pub Fund float, probably in early 2014.
North Bondi's new wave A $7 million upgrade of the North Bondi Surf Life Saving Club's new clubhouse has been completed, with the keys handed over to the club's president, Grant McMah, on Friday. Construction company Taylor handled the project with architects Durbach Block Jaggers. The four-level building now includes new change-room and first-aid facilities as well as a function room. Taylor is also the developer on the $33 million commercial building for Goodman at Macquarie Park, including an integrated fitout for Canon and a $26 million distribution facility for Super Retail Group.