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Billionaire NBL owner pays state $577 a week to rent stadium

Summary by ABC Australia
The Tasmanian government has been leasing out a stadium to billionaire and NBL owner Larry Kestelman for less than it would cost to rent most houses in the area, a parliamentary report has found.

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Billionaire NBL owner pays state $577 a week to rent stadium

The Tasmanian government has been leasing out a stadium to billionaire and NBL owner Larry Kestelman for less than it would cost to rent most houses in the area, a parliamentary report has found.

·Ultimo, Australia
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ABC Australia broke the news in Ultimo, Australia on Monday, October 5, 2026.
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