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In Entwicklung
Law·7 sa önceKI-Zusammenfassung

Billionaire Adrian Portelli sues former SA minister Andrea Michaels for defamation

Billionaire Adrian Portelli, known as "Lambo Guy," is suing former South Australian minister Andrea Michaels for defamation over comments made about his lottery business, LMCT+. Michaels called the business's practices "terrible" and "awful," implying Portelli defrauded South Australians. The lawsuit follows a court case where LMCT+ was fined for running illegal lotteries, though Portelli was found not guilty.

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ABC Top Stories
Falling Sydney, Melbourne house prices concentrated at top end, easing first-home buyer fears
In Entwicklung
Real estate·6 sa önceKI-Zusammenfassung

Falling Sydney, Melbourne house prices concentrated at top end, easing first-home buyer fears

Fears of negative equity for first-time buyers in Sydney and Melbourne are easing as falling house prices are concentrated in the top end of the market. Data shows the cheapest properties have seen modest gains or slight declines, unlike the upper quartiles. Experts suggest low unemployment and low arrears rates mitigate mortgage payment risks, though negative equity can limit options for selling or refinancing.

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Guardian World