Sasha Barbagat
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Well, it also hasn't addressed serviceability issues, which are now considered one of the biggest barriers for first home buyers.
So that is how you afford to actually pay the mortgage.
So if you buy with a 5% deposit, it means you're taking on a loan for 95% of the purchase price.
So what that does is that while, sure, you might be able to afford it in that moment that you're purchasing the property, it leaves you vulnerable to things like higher repayments when prices and interest rates rise.
So it is something that kind of ticked one box, but it completely ignored three and four others and has potentially created a bigger issue when it comes to affordability.
Now, this all comes after the radio duo was sensationally axed from Sydney and Melbourne's Kiss FM breakfast show and had their $200 million contracts torn up following an on-air spat between Kyle and Jackie back in February.
We actually did two deep dives on this in the immediate weeks after that.
It was huge news right across the country.
I will pop the links to those in the show notes.
We are now seeing Henderson and Sanderlands separately suing ARN.
They claim the network failed to honour the terms of their contracts and they're chasing a combined $160 million.
Also this week, we've seen court documents filed by ARN in its defence against Kyle.
So this is Kyle's case today.
saying that, you know, they owe him $85 million.
So this is their defence.
And they've detailed all of these comments that have been made by Kyle on the show publicly as their defence saying, well, here's all of the evidence that he breached the contract and he breached company policy.
So if you want to have a read of those, maybe I won't repeat the comments, but they are published in newspapers today.
So you can go check that out if you're interested.
You might be thinking, hang on, haven't they been talking about this for ages?