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Sasha Barbagat

👤 Speaker
498 total appearances

Appearances Over Time

Podcast Appearances

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Yeah.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Well, it also hasn't addressed serviceability issues, which are now considered one of the biggest barriers for first home buyers.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So that is how you afford to actually pay the mortgage.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So if you buy with a 5% deposit, it means you're taking on a loan for 95% of the purchase price.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

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.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

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.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

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.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

We actually did two deep dives on this in the immediate weeks after that.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

It was huge news right across the country.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

I will pop the links to those in the show notes.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

We are now seeing Henderson and Sanderlands separately suing ARN.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

They claim the network failed to honour the terms of their contracts and they're chasing a combined $160 million.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Also this week, we've seen court documents filed by ARN in its defence against Kyle.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So this is Kyle's case today.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

saying that, you know, they owe him $85 million.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So this is their defence.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

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.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So if you want to have a read of those, maybe I won't repeat the comments, but they are published in newspapers today.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So you can go check that out if you're interested.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

You might be thinking, hang on, haven't they been talking about this for ages?