He has owned properties such as The Marritz Hotel Perisher Valley, Boomerang, a mansion in Sydney's eastern suburbs, and Tipperary, a premier cattle and crop station in the Northern Territory.
He has conducted dealings and partnerships with billionaire businessman Kerry Packer, John Roberts of the construction giant Multiplex, which built most of his developments, and WA Inc entrepreneur Alan Bond.
His political networking led to close associations with prominent Australian Labor Party players Brian Burke, Paul Keating, Graham Richardson and many others.
[3] Anderson had extensive property interests in Western Australia and the Northern Territory, including a mansion in Peppermint Grove, Perth and the vast Tipperary Station group (1 million hectares) on which he assembled a collection of 2,000 exotic Asian and African animals, some of which he acquired from Lord Alistair McAlpine after he had to close his Pearl Coast Zoological Gardens in Broome in 1991.
Anderson had agreed to the condition to hand over the $50 million in return for a tender agreement for the Westralia Square site which was being put up for sale by the WA government.
[8] As stated above, Anderson and Kerry Packer invested $270 million and had grand plans to build on what they called Westralia Square, which is centrally located in the Perth CBD but has limited frontage to the prime roadway, St Georges Terrace, owing to a group of heritage buildings which were preserved from demolition by public protest with agreement of the Perth City Council.