Kyle Sandilands settles with ARN for $12 million amid financial pressures
Kyle Sandilands reached a $12 million settlement with ARN this week amid growing financial pressures from multiple mortgages. His new $2 million mortgage bears interest rates up to 29.75 percent, pushing him to sell his Glenorie property. As economic troubles loom for Southern Cross Media, job cuts have also led to disruptions in local newsrooms.
Summary by OZbrief Editorial · Brisbane Times · Source
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Published 18 Jun 2026, 19:00 UTC · Updated 18 Jun 2026, 19:30 UTC
Summary by OZbrief Editorial. Original report: Brisbane Times. Editorial policy · Corrections
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