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AAP
AAP
Politics
Nick Wilson

Inside billionaire's bargain waterfront arena lease

Larry Kestelman Jeremy Rockliff James Ross NBL Basketball JackJumpers
NBL owner Larry Kestelman's arena lease deal with Jeremy Rockliff's government has raised eyebrows. (Susie Dodds/AAP PHOTOS)

The billionaire owner of the NBL is leasing Tasmania's largest indoor arena from its government for less than it would cost to rent a typical home in the area, according to figures from a parliamentary report.

A parliamentary committee on Monday published a report that probed the Tasmanian government's lease arrangement for MyState Bank Arena with basketball executive Larry Kestelman.

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