Kyle Sandilands settles for $12 million amid mounting financial pressures
Kyle Sandilands reached a $12 million settlement with ARN this week amid financial pressures from multiple mortgages. His $2 million loan from Mortgage Holdings Group carries extreme interest rates up to 29.75 percent, forcing him to sell his Glenorie property, which has not yet sold despite a reduced price of $4.9 million. Sandilands struggles with mounting debts as interest accumulates.
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Published 18 Jun 2026, 19:00 UTC · Updated 18 Jun 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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