A swanky South Yarra house formerly listed for sale at $40m-$43m has had a multimillion-dollar cut to its asking range.

Stepan Baghdassarian, president of Rio Joe’s Brands, Inc., left a 14 year law career in 2005 to get into the wine industry.

The shortlist for the 2025 Catey awards has been revealed after judges met at the Savoy to consider hundreds of entries ...