One Nation’s David Oldfield’s home woes continue
One Nation co-founder David Oldfield is still fighting off the bankruptcy application made by his mother-in-law, Christine Johnston.
One Nation co-founder David Oldfield is still fighting off the bankruptcy application made by his mother-in-law, Christine Johnston.
He’s now been given a timeline to secure the sale of his matrimonial Belrose home that would see him dodge the pesky creditors’ petition.
It emerged in Federal Court hearings last month that Oldfield has until next June to secure the sale of his bushland acreage estate.
The hearing noted a put-and-call option had been given early last month that may result in a sale, though an earlier put-and-call lodged on its title in February last year has yet to proceed to settlement.
MORE: ‘Free’ Teslas to come with new Sydney homes
Sydney’s latest $100m home sale
Why Charles must now pay rent to Prince William
Johnston, the mother of The Real Housewives of Sydney inaugural cast member Lisa Oldfield, has been seeking to bankrupt her son-in-law since mid-last year over her claim for an unpaid loan made to him in 2014.
The matter was adjourned until October next year, but if the property is settled sooner, it is expected the parties will approach the court to dismiss the matter.
The Oldfields, parents of two boys, separated in 2018 after 17 years together, shortly after their tempestuous appearance on I’m a Celebrity ... Get Me Out of Here!
The 1980s home of Oldfield, who was a member of the NSW Legislative Council from 1999 to 2007, comes with ocean views.
It cost $1.89m in 2011.
MORE: ‘Missing’ F45 founder’s $3.3m payday
Sydney’s latest $100m home sale
Why Melissa Caddick’s ‘Ponzi’ home won’t get top dollar
Originally published as One Nation’s David Oldfield’s home woes continue