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Sydney’s picturesque seaside manor owned by F45 co-founder Adam Gilchrist will be hammered after the Australian fitness giant’s stunning fall. Gilchrist (not a cricketer), who stepped down as chief executive of F45 last week amid plummeting shares and company-wide layoffs, is selling his “waterfront trophy house” at Freshwater on Sydney’s north coast. The house, 52 Ocean View Rd, rose to prominence in 2018 when Gilchrist and his wife Eli purchased the property for $14 million due to a minor dispute with neighbors. Camera Icon F45 co-founder Adam Gilchrist is selling his beautiful home on Sydney’s north coast. Clarke & Humel Credit: provided The couple had purchased a three-bedroom cottage at 50 Ocean View Rd for $5.4 million in 2017 and plan to spend $2.5 million developing the property. But neighbors complained that it didn’t match the building’s height or control limits, which led Gilchrist to take the extraordinary step of wit...

Property prices across the country are expected to fall by another 5 percent before the year ends, a new report estimates. A mid-year report by market analyst PropTrack predicts average property prices nationwide will fall between 2 percent and 5 percent by the end of December. By the end of next year, they are expected to fall even further, potentially by as much as another 10 percent. Watch the latest News on Channel 7 or stream for free on 7plus >> Cameron Kusher, director of economic research and author of the PropTrack report, said the research highlights a rapidly changing housing market. “While there are already signs that the pace of price growth slowed earlier this year, we do not expect interest rates to rise until early 2023,” he said. “Since the inflation outbreak, which resulted in the Reserve Bank (RBA) raising interest rates in each of the three months through July 2022.” Property prices across the country are expected to fall by another 5 percent before the ...

Ramsay St famously launched the careers of stars Kylie Minogue, Jason Donovan, Margot Robbie and Liam Hemsworth. But as the series draws to a close, the biggest downside may be behind the scenes, according to the show’s longtime screenwriter. ‘Industry doesn’t yet fully understand what they’ve lost in terms of industrial training,’ Sarah Mayberry told AAP. Neighbor scriptwriter Sarah Mayberry (pictured) says that when the curtain finally falls on Ramsay St for good this week, the local TV and film industry will lose a major training ground. A writer on the show since 1998, Mayberry wrote 230 episodes of the beloved series. During that time, Sarah saw the show serve as a TV training ground, where the crew could start at the lowest rung of the production ladder, and end up as director of photography. ‘It will be a while before it sinks that the opportunity is no longer there,’ added Mayberry. In one of the most recent he wrote, Mayberry kill...

Ricky Martin’s husband has spoken out for the first time after the singer’s “troubled” nephew dropped his incest claim. Jwan Yosef, who has been married to Martin since 2017, posted a photo of the couple to Instagram with the caption “Truth Wins” and a red heart. WATCH THE VIDEO ABOVE: Ricky Martin responds to accusations of dropping his nephew For more Celebrity related news and videos, check out Celebrities >> Martin, 51, commented, writing “Mi fuerza y ​​mi calma. Te amo,” which means “My strength and composure. I love you.” Martin’s nephew, 21, claims he had been in a sexual relationship with the singer for several months before breaking up with him. He filed a restraining order against Martin, claiming that the star was seen wandering outside his home on several occasions and that he feared for his safety. But in a virtual court hearing on Thursday, the nephew “voluntarily quit” to move forward and said he n...

The Australian Energy Market Operator (AEMO) has stepped in to prevent a potential gas shortage in Victoria, the state’s energy minister said. Key points: Energy market operator AEMO says guaranteed gas supply will ensure transparency in the market The Victorian government has ruled out lifting the wholesale gas price cap in response to pressure on supply State opposition calls for reduced gas exports from Victoria Victorian Energy Minister Lily D’Ambrosio told ABC Radio Melbourne that AEMO triggered a gas supply guarantee on Tuesday afternoon, as reserves at storage facilities in the state’s southwest continued to fall. “That means they will have greater visibility of gas sales and supply across markets including Victoria but in other states, to get transparency here,” he said. “When you get more transparency in the market, the market starts to change its behavior, and to be honest, the market has slipped too much here. “More visibility means, ...

This is slowly becoming the consensus economist view, although there are some spruikers who claim that house prices will continue to rise as higher interest rates have no impact on them. It should also be noted that we are not pre-nature perma bears when it comes to Australian housing. In contrast, we are the most bullish forecasters on Aussie housing in early 2020 when everyone expects prices to fall 10-20 percent. Household challenges Australian households are facing a record decline in the value of their largest asset, an owner-occupied home. Wolter Peeters While the RBA is set to raise interest rates by another 50 basis points in August in response to sluggish inflation data heavily impacted by temporary supply-side shocks, we project that the record collapse in the value of Australia’s most important household asset will ultimately act as a constraint to the extent Martin Place may continue to raise rates. After a pre-emptive over-egging policy despite no evidence of a wag...