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NBL Owner Prepared to Walk Away From Major Land Purchase

Summary by ABC Australia
After the Tasmanian government was urged to abandon the sale of prime waterfront land but chose to persevere, it now appears the developer is prepared to "walk away" from the potential purchase.

2 Articles

ABC AustraliaABC Australia
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NBL owner prepared to walk away from major land purchase

After the Tasmanian government was urged to abandon the sale of prime waterfront land but chose to persevere, it now appears the developer is prepared to "walk away" from the potential purchase.

·Australia
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The AdvocateThe Advocate
Lean Left

Basketball billionaire's threat to 'walk away' from Tassie over $500m deal

Billionaire Larry Kestelman warns he will abandon his $500m Wilkinsons Point development over stalled infrastructure cost disputes. Unpack the project's future.

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The Advocate broke the news in on Wednesday, April 1, 2026.
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