The Trump Organisation has hit back at a Gold Coast-based property developer's attempt to "blame" the breakdown of a deal to build a $1.5 billion beachfront hotel on the “increasingly toxic” Trump brand.

Australia’s biggest property developer says looming tax changes will reduce apartment supply and push the economy further ­behind.

A concept image of the Trump International Hotel & Tower Gold Coast [@EricTrump/X] Plans for a AU$1.5bn ($1.1bn; £802bn) Trump Tower in Queensland have been scrapped with an Australian developer blaming the "toxic" Trump brand and the Iran war for the project's demise.

SYDNEY — Plans to build Australia’s first Trump Tower in Queensland have been scrapped just three months after it was announced with the local developer blaming the "toxic" Trump brand and the Iran war for the project's demise.