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Skyrocketing Rent Prices and Tight Market Conditions Persist: New Report Highlights Challenges for Renters in 2023

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In brief

  • While rental property vacancy rates have slowly improved since post COVID pandemic lows, competition remains strong.
  • Tight rental market conditions means rental costs will continue to grow in 2026.

Australian renters are still grappling with the challenge of securing housing, even though vacancy rates are slowly recovering from the drastic lows experienced during the COVID-19 pandemic.

A recent report highlights that vacancy rates in Australia’s capital cities and regional areas remain under two percent, indicating that competition for rental properties is likely to stay intense.

The PropTrack Westpac Investor Report for 2026 suggests that while higher interest rates might dampen investor activity, the tight conditions in the rental market are set to drive rental prices upward.

In recent years, property investors have been notably active, with new investor loans increasing by 64 percent since the lows of 2023, according to Angus Moore, a senior economist at REA Group.

“Moreover, home prices have continued their upward trajectory, resulting in the highest profit share from investor sales seen in at least a decade,” Moore remarked on Thursday.

Only seven in every 100 investor sales failed to make a profit in the last few months of 2025 — the highest level in more than a decade.

Home price growth in Brisbane, Adelaide and Perth has been exceptional, with prices in these cities more than doubling since 2020.

Melbourne has recorded the slowest increase, with home prices up just over 20 per cent in six years, although investor inquiries about property in the southern capital were rising again.

Investors were particularly active in NSW, accounting for 44 per cent of home loans, up from 37 per cent in 2022 and 29 per cent in late 2020.

In Western Australia, South Australia, and Queensland, investors made up 40 per cent or more of total lending.

It was likely to be a challenging year for Australia’s housing market, with higher interest rates capping property price growth, and the Middle East war adding an extra layer of uncertainty, Westpac chief economist Luci Ellis said.

“For RBA policy, this makes it difficult to judge how upside risks to inflation compare to downside risks to growth,” Ellis said.

“For housing though, the already very stretched starting point for prices means higher interest rates will weigh on affordability and buyer sentiment.

“We expect price growth to cool in 2026 to a more sedate five per cent gain nationally, down from eight per cent in 2025, and with a more pronounced slowing in the ‘hot’ markets of Brisbane and Perth.”


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Los Angeles Model and Influencer Accused of Exploiting Dating Apps to Target Affluent Seniors in Burglary Scheme

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A model and social media influencer from Los Angeles is embroiled in legal trouble, facing several felony accusations for allegedly using dating applications as a means to burglarize elderly individuals’ homes, as reported by prosecutors.

Adva Lavie, aged 27 and known by the alias Mia Ventura, is a former Penthouse model accused of masquerading as a girlfriend and travel partner to gain access to her targets’ residences. Once inside, she allegedly stole cash, gold, and luxury designer items, according to the Los Angeles County District Attorney’s Office. In addition, some media outlets have identified her as an OnlyFans model.

Authorities claim Lavie, who reportedly drove luxury vehicles such as a Mercedes and a Porsche, focused her criminal activities on affluent older men and younger women in areas including Westlake Village, West Hollywood, Los Angeles, and Beverly Hills.

Modeling photos of Adva Lavie, also known as Mia Ventura, who is accused in a Los Angeles burglary case.

Images show Adva Lavie, also known as Mia Ventura, attending events like Teatro Live Powered By Lemon Soda Music at AVALON Hollywood on January 29, 2025, and the 2021 Maxim Halloween party at Hyde Nightclub on October 31, 2021, in Los Angeles, California. (Paul Archuleta/Getty Images for TEATRO Live | Paul Archuleta/Getty Images)

Lavie has previously entered a plea of not guilty and is set for arraignment on April 6. Presently, she is out of custody, monitored by an ankle bracelet, and has been instructed to avoid contact with her alleged victims.

Prosecutors said Lavie carried out the scheme between 2023 and 2025, allegedly using dating apps to cultivate relationships with victims before gaining access to their homes.

Lavie was held to answer on March 23 on six felony counts, including two counts of unauthorized use of personal identifying information, two counts of grand theft and two counts of first-degree residential burglary.

Adva Lavie, also known as Mia Ventura, posing at events in modeling photos tied to a Los Angeles burglary case.

Left, Adva Lavie, also known as Mia Ventura, attends the 2021 Maxim Halloween party Produced by MADE Specia at Hyde Nightclub on Oct. 31, 2021 in Los Angeles. Center, Lavie attends the Teatro Live Powered By Lemon Soda Music at AVALON Hollywood on Jan. 29, 2025, in Los Angeles. Right, She attends the Teatro’s Golden Soirée Pre-Oscar’s Gala on March 9, 2024, in Los Angeles. (Paul Archuleta/Getty Images for TEATRO Live; Paul Archuleta/Getty Images for Teatro)

If convicted on all counts, Lavie faces up to 11 years and eight months in state prison.

“This ruling means the evidence in this case will now be presented before a jury,” Los Angeles County District Attorney Nathan J. Hochman said.

“At her trial, we will prove beyond a reasonable doubt that this defendant exploited trust built through online relationships to gain access to victims’ homes and steal from them. Her ability to deceptively influence others, whether in person or online, has now come to an end,” Hochman said.

Los Angeles County Sheriff’s Department

Adva Lavie, also known as Mia Ventura, is shown in a Los Angeles County Sheriff’s Department special bulletin alongside vehicles authorities said were linked to a residential burglary series targeting victims through dating apps. (Los Angeles County Sheriff’s Department)

In an October special bulletin, the Los Angeles County Sheriff’s Department released a poster of Lavie along with images of the high-end cars authorities said she drove. The vehicles include a white Mercedes-Benz coupe sports car and a black Porsche SUV.

Michael Sartain, host of the podcast “Access Vegas,” said that while a guest on the show, Lavie went into the greenroom and stole credit cards and cash from the purses of all the female panelists, according to KTLA.

“She got up at the 45-minute mark, and she was gone for 45 minutes and just went through everyone’s bag,” he said.  

Springfield Teen Faces Charges for Unlawful Weapon Possession and Criminal Damage


In Springfield, Illinois, a teenager is now facing serious legal consequences after a run-in with the law that unfolded in a dramatic series of events. Authorities report that Jevontae McCann, 18, was apprehended with two firearms, one of which was reported stolen, as he attempted to escape police, ultimately colliding with a squad car.

The arrest took place early Sunday morning near Blueprint Bar and Grill, a local nightclub known for hosting large gatherings. Officer Jake Gray, who penned the probable cause affidavit, noted that these parties often escalate into sizable disturbances, sometimes involving physical altercations and even stabbings. Due to such history, officers maintain a vigilant presence in the vicinity.

Officer Gray further elaborated on the typical scene outside the nightclub, describing how individuals frequently carry guns illegally and congregate in nearby parking areas, where they partake in alcohol and marijuana consumption.

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Justice Alito Critiques Justice Gorsuch’s Commentary, Defends District Judge’s Decision as Accurate

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Supreme Court Justices Samuel Alito, left, and Clarence Thomas look on during the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025. (Chip Somodevilla/Pool Photo via AP).

In a significant decision on Wednesday, the U.S. Supreme Court concluded with an 8-1 vote that the Sentencing Reform Act does not permit the automatic extension of supervised release terms in federal cases due to subsequent state offenses committed while a person is evading authorities. Justice Samuel Alito stood alone in dissent, arguing that the entire discussion on “tolling” was unnecessary.

Justice Neil Gorsuch, writing for the majority, aligned with Isabel Rico, a repeat offender with a history of drug-related crimes. Rico had previously served time, breached her supervised release conditions, was re-incarcerated, and left prison in late 2017 with an additional 3.5 years of supervised release. After relocating without informing her probation officer, she committed further state offenses in 2021 and 2022, leading to her federal re-arrest in 2023.

Gorsuch highlighted that the 9th U.S. Circuit Court of Appeals had determined that Rico’s 42-month supervised release was “tolled” due to her state offenses during her period of evasion, effectively extending it beyond its original June 2021 expiration until her capture two years later. This ruling enabled a district judge to treat Rico’s 2022 drug offense as a separate violation, resulting in more prison time and an extended supervised release.

The majority quickly dismissed the applicability of “tolling” in this scenario, asserting that the 9th Circuit’s interpretation did not pause Rico’s release term but rather ensured it continued as long as she was out of contact with her probation officer. Gorsuch emphasized the need for clarity in terminology.

“The term ‘toll’ in legal contexts usually implies a halt or interruption,” Gorsuch explained. “However, under the Ninth Circuit’s ruling, a defendant who is on the run doesn’t halt anything. Instead, they remain bound by the conditions of their supervised release and can be penalized for any violations committed while absconding. Ultimately, the Ninth Circuit’s rule effectively extends the supervised release period beyond what was initially ordered by the court,” Gorsuch concluded.

Citing an “array of textual clues” as proof of the point that the Sentencing Reform Act contains “nothing […] authorizing” automatic extensions of supervised release, Gorsuch next pointed out an “anomaly” at the “heart of the government’s theory” — the suggestion that Rico was “off and on supervised release at the same time.”

“The government contends that Ms. Rico was not supervised from early 2018 until 2023 and, accordingly, should not have that period counted toward her term of supervised release,” the justice summed up. “But in the same breath, the government argues that her January 2021 state offenses and her January 2022 state drug offense count as federal violations because her term of supervised release continued to run during the entire length of her abscondment. In a very real sense, then, the government asks us to imagine that Ms. Rico was both off and on supervised release at the same time. Really, it is quite the puzzle.”

Alito found the situation puzzling for an entirely different reason, as Gorsuch recognized in a footnote at the end of the majority opinion. Handwaving away Alito’s account of what could have been as “not what happened,” Gorsuch slammed the dissent for “hardly” contesting the main textual point that the Sentencing Reform Act “does not authorize a rule automatically extending a defendant’s term of supervised release when the defendant absconds.”

“At bottom, then, and despite its insistence otherwise, the dissent believes those errors are harmless because, it says, the district court could have accounted for Ms. Rico’s January 2022 offense by a different means than the one it employed. We think it inappropriate to engage in that kind of speculation,” Gorsuch chided Alito.

Alito had plenty to say of his own, calling the case “much simpler” than Gorsuch and the seven other justices who joined him would make it, and making clear that he believes “no error” — not “harmless error” — occurred.

“[W]e have no need to consider whether petitioner’s term of supervised release was ‘tolled’ when she absconded and evaded supervision,” wrote the lone dissenter, sharply stating he was “bemused by the notion that petitioner was on supervised release when she was evading all supervision.”

“I suppose she was on ‘unsupervised supervised release,’” Alito cracked in a parenthetical. “And it seems strange to regard a crime committed after the expiration of ‘unsupervised supervised release’ as a non-event.”

Asserting that “the District Judge made no error at all,” the justice indicated that what Gorsuch saw as a “warranted” terminology note was more an introduction to a “pointless” debate.

“As I see it, however, the whole debate about whether petitioner’s term of supervised release continued to run or was ‘tolled’ while she was on the lam is pointless. The [Sentencing] Guidelines are merely advisory, and this Court has made it clear that a judge is allowed to impose a sentence outside the recommended Guidelines range,” Alito concluded. “That is what the judge did here[.]”

Fuel Crisis Exacerbates Challenges for Tradies: Rising Costs Threaten Business Viability

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Exclusive: The fuel crisis is hitting tradies harder than most and the rest of Australia could soon feel the sting as businesses are forced to raise prices or go bust.
Jac Northam, 26, recently started his joinery company Jac Design and used to spend about $150 a week on fuel.

Currently, the expense has nearly doubled, climbing to $285 per week, and there’s no sign of it slowing down.

Tradie Jac Northam, 26, used to spend $150 a week on fuel. Now it's almost double.
Tradie Jac Northam, 26, used to spend $150 a week on fuel. Now it’s almost double. (Supplied)

This escalating cost could spell trouble for the young tradesperson.

“I’ve been forced to cut my own salary and steer clear of toll roads whenever possible to ensure I have extra funds available for my business,” he shared with nine.com.au.

“This situation will have significant repercussions not only on my personal life but also across the entire industry.”

The soaring fuel prices are creating substantial financial burdens for tradespeople, particularly those managing small businesses without a steady weekly income.

Many are already contending with surging material costs due to supply chain disruptions caused by the war in the Middle East.

Now petrol has surpassed $2.50 a litre in many locations and diesel, which many tradies’ work vehicles run on, is over $3 a litre in parts of Australia.

The government has suggested Aussies work from home to save cash and conserve fuel but that’s just not an option for tradies.

“How do you expect a whole industry that relies on cars and fuel to provide income to stay at home?” Northam said.

“I’d love to do my part and save fuel for the people that need it most, like the farmers and emergency services, but how am I meant to get a van full of tools to site everyday?”

He suspects the situation get worse before it gets better.

That’s bad news for small businesses that don’t have the money to absorb rising fuel prices for much longer.

Nikki Chamberlain fears she may have to pass increased costs onto her customers.
Nikki Chamberlain fears she may have to pass increased costs onto her customers. (Supplied)

Nikki Chamberlain runs Specialized Garage Door, a garage door maintenance and installation business in Perth, and her staff drive between up to eight sites every day.

The business’ fuel bill has exploded by more than 20 per cent in the last few weeks.

“It’s so much money and there’s nothing that we can do to reduce it, we don’t have the option of working from home,” Chamberlain told nine.com.au.

“It’s very scary at the moment for small business owners.”

The small family business is absorbing the cost for the time being with the hopes it will recoup the cash once the crisis has eased.

Chamberlain doesn’t want to push the added cost onto clients because it could hurt the business in the long-term.

But if prices don’t drop soon, she may have no other choice.

”We won’t be the only business that does, everyone will just have to increase their cost of business or their cost of sale,” Chamberlain said.

“Then it will become a case of either people will go elsewhere if they can find cheaper options, or they decide to hold off certain services.”

His full bill has almost doubled in the last few weeks and though he’s “cracking on” for now, the business won’t stay profitable if he doesn’t start charging clients more.

“I do worry,” he told nine.com.au.

“If I were to increase my rates it would impact me considerably, because it’s tough to win jobs without competitively pricing.”

Sale Painting and Decorating owner Stuart Sale is worried about staying competitive in the fuel crisis.
Sale Painting and Decorating owner Stuart Sale is worried about staying competitive in the fuel crisis. (Supplied)

It’s tough to stay competitive on cost at the best of times and he’d prefer not to pass on extra costs to his customers.

But if things don’t let up, he may not have a choice.

Businesses that don’t or can’t find ways around skyrocketing fuel prices could go bust unless the federal or state governments step in.

Some tradies have called for a subsidy or tax break to support the industries hit the hardest by the fuel crisis.

Carpenter and site supervisor Rodrigo Zanchetta, 39, is among them.

“A government subsidy would definitely help people that can’t work from home and financially support their families,” he told nine.com.au.

He used to spend about $200 on fuel each week, now it’s setting him back $300.

Carpenter and site supervisor Rodrigo Zanchetta, 39, is among them.
Carpenter Rodrigo Zanchetta said government support would make a huge difference to tradies. (Supplied)

Zanchetta has been forced to dip into his savings to cover it and he’s stressed about the long-term financial impacts if the fuel crisis worsens.

Without a subsidy or some other financial support, he fears tradies without stable finances won’t be able to make ends meet.

“As little as it sounds, a couple hundred bucks goes a long way.”

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Opening Ceremony for Club Car Championship Set for Wednesday


SAVANNAH, Ga. — The Club Car Championship officially kicked off on Wednesday with an opening ceremony and the inaugural tee shot, setting the stage for the tournament’s commencement on Thursday.

While players participated in the pro-am event throughout Wednesday, organizers found a brief window to host the formal ceremony at the tenth tee, seamlessly integrating it between groups on the course.

The ceremony, lasting approximately 15 minutes, featured a poignant display as members of the armed forces presented the colors, accompanied by a stirring rendition of the national anthem.

Jonathan Morrison had the honor of hitting the tournament’s first tee shot. Despite the presence of an audience and cameras, Morrison expressed confidence, unfazed by the attention.

“In my role as a Warrant Officer Five in the Army, I’m accustomed to briefing generals and high-ranking officers regularly,” Morrison shared. “Naturally, I wanted to avoid a bad shot, but nobody’s perfect. I gave it my best, and for that, I’m grateful.”

Tournament Director Brit Donahue said incorporating the military with the Club Car Championship makes him proud.

The pro-am concludes Thursday evening, and the official competition in a 156-player field of the Korn Ferry Tour even starts Thursday at 7:20 a.m.

Netanyahu Launches Intense 48-Hour Strategy Session on Iran from Secure Location

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In a decisive move, Israeli Prime Minister Benjamin Netanyahu has set a 48-hour deadline for military commanders to dismantle Iran’s weapons infrastructure. This directive, given from his Tel Aviv bunker, follows an evaluation of a peace plan proposed by then-U.S. President Donald Trump.

Netanyahu instructed the Israel Defense Forces to target and eliminate as many high-value Iranian sites as possible, coinciding with the United States presenting a 15-point peace proposal on Tuesday.

The urgent orders from Israel’s leader stem from concerns that the U.S. plan lacks sufficient measures to significantly limit Tehran’s military prowess, despite its stringent controls on Iran’s missile arsenal and nuclear ambitions.

The Thursday deadline imposed by Netanyahu underscores the Israeli government’s anxiety over the possibility of Trump striking a deal with Tehran imminently, according to informed sources.

Officials who attended the pivotal meeting with Netanyahu described the atmosphere as ‘tense,’ reflecting the gravity of the situation.

Iranian regime officials rejected the proposal via state media on Wednesday. 

Netanyahu’s inner circle is intent on reaching three key war goals: eliminating Iran’s ballistic-missile stockpile, ensuring Tehran cannot develop a nuclear warhead, and fostering an environment within Iran for civilians to overthrow the Islamic regime.

‘If you do not obtain the three objectives, you will not be able to end the war,’ said Boaz Bismuth, a member of Netanyahu’s party. 

Netanyahu and his top military advisers were alarmed that Trump's peace plan did not go far enough to curb Tehran's military capabilities

Benjamin Netanyahu from his bunker in Tel Aviv gave Israeli commanders a 48-hour deadline to destroy Iran's weapons industry

Benjamin Netanyahu from his bunker in Tel Aviv gave Israeli commanders a 48-hour deadline to destroy Iran’s weapons industry

Israel is engaging in a wide range of military strikes across the Middle East, including in Gaza and Lebanon, where Iran's proxies are active against Netanyahu's forces (pictured: a fireball erupts following an Israeli strike near a tent encampment sheltering people displaced by war in Deir el-Balah in the central Gaza Strip on March 25)

Israel is engaging in a wide range of military strikes across the Middle East, including in Gaza and Lebanon, where Iran’s proxies are active against Netanyahu’s forces (pictured: a fireball erupts following an Israeli strike near a tent encampment sheltering people displaced by war in Deir el-Balah in the central Gaza Strip on March 25)

Netanyahu’s Thursday deadline reflects deep concern within the Israeli government that Trump could reach a deal with Tehran at any moment

Netanyahu’s Thursday deadline reflects deep concern within the Israeli government that Trump could reach a deal with Tehran at any moment

The Trump administration has quietly distanced itself from the regime-change goal after strikes against senior leadership failed to topple the government. 

Pentagon chiefs ordered around 2,000 paratroopers from the 82nd Airborne Division to the Middle East last night to join some 4,500 Marines already en route to the region, as Trump’s peace push shows signs of collapse. 

The President is prepared to pull the trigger on a full-scale invasion if Tehran continues to rebuff his diplomatic overtures, according to members of his inner circle.

‘Trump has a hand open for a deal, and the other is a fist, waiting to punch you in the f***ing face,’ a Trump aide told Axios.

The 15-point plan, modeled on Trump’s Gaza deal, would require Iran to dismantle all nuclear and long-range missile capabilities, open the Strait of Hormuz, and abandon proxy terror groups.

But Iranian state TV on Wednesday said that the regime had rejected the ceasefire proposal. Instead, Tehran is demanding the closure of all US bases in the Gulf, reparations, and an end to Israeli military strikes against Hezbollah in Lebanon.

Tehran is also seeking to bring the strait – a chokepoint for roughly a fifth of the world’s oil – under its control, allowing it to charge transit fees on passing vessels, much like Egypt does with the Suez Canal.

A Trump official described Iran’s demands as ‘ridiculous’ and ‘unrealistic’, warning that reaching a deal is now more difficult than before the war began as the President prepares a potential ground invasion force.

Netanyahu's inner circle is intent on reaching three key war goals: eliminating Iran's ballistic-missile stockpile, ensuring Tehran cannot develop a nuclear warhead, and fostering an environment within Iran for civilians to overthrow the Islamic regime

Netanyahu’s inner circle is intent on reaching three key war goals: eliminating Iran’s ballistic-missile stockpile, ensuring Tehran cannot develop a nuclear warhead, and fostering an environment within Iran for civilians to overthrow the Islamic regime

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran 

Speaker of the Iranian parliament Mohammad Bagher Qalibaf in Tehran, Iran, February 1

Speaker of the Iranian parliament Mohammad Bagher Qalibaf in Tehran, Iran, February 1

The Trump administration appears to have created distance with their regime change goal after strikes against senior leadership have failed to overthrow the government

The Trump administration appears to have created distance with their regime change goal after strikes against senior leadership have failed to overthrow the government

Israeli strikes in Gaza earlier on Wednesday

Israeli strikes in Gaza earlier on Wednesday 

US and Iranian diplomats have not spoken through direct contact and instead communicate via Middle Eastern intermediaries from Egypt, Turkey and Pakistan.

Saudi Arabia has made clear that ceding control of the Strait of Hormuz is a non-starter, with Riyadh urging Trump to stay in the fight. 

Crown Prince Mohammed bin Salman has repeatedly urged Trump to finish the Islamic regime in calls over the last week, including the use of ground forces to seize Iran’s energy sites.

Iran remains wary of Trump’s envoys Jared Kushner and Steve Witkoff, accusing the pair of ‘backstabbing’ Tehran in negotiations ahead of the US and Israel’s strikes on February 28. 

Iranian officials are pushing for Vice President JD Vance to lead the US negotiating team, believing he is sympathetic after privately expressing doubts about Operation Epic Fury.

Potential Legal Battle Looms as ‘Reacher’ Star Alan Ritchson’s Dispute with Neighbor Surfaces


Alan Ritchson, known for his role in “Reacher,” might still encounter legal issues with his neighbor due to their recent heated altercation, even though the case is no longer under investigation by the authorities.

Seth J. Zuckerman, a prominent celebrity criminal defense lawyer and the founder of Zuckerman Legal Group, shared insights with Page Six following the authorities’ decision not to charge Ritchson criminally. The decision was based on the actor’s claim of self-defense in the altercation with Ronnie Taylor in Tennessee.

Zuckerman highlighted, “There remains a possibility that his neighbor could initiate a civil lawsuit to seek compensation for medical expenses, emotional distress, and potentially punitive damages.”

He further explained, “Even though the police have concluded that Ritchson acted in self-defense, a civil lawsuit could proceed because it requires only a preponderance of evidence, a lower standard of proof compared to the criminal standard of beyond a reasonable doubt.”

The attorney emphasized that the absence of criminal charges does not eliminate the risk of facing a civil lawsuit.

“However, if the victim is found partially at fault, which is likely the case here, the potential compensation would be reduced,” Zuckerman noted, adding, “Ritchson can file counterclaims against the neighbor, but it doesn’t appear that Ritchson was harmed in any way.”

Bryan M. Sullivan, a partner at Early Sullivan Wright Gizer & McRae LLP, believes Ritchson and Taylor may agree to mutual protective orders.

“In America, anyone can sue anyone for anything,” Sullivan said. “The neighbor can sue him for assault and battery, but, based on what I’ve read, Alan has a strong affirmative defense of self-defense and defending his children, and Alan could also sue the neighbor for assault and battery.

Los Angeles-based attorney Gregory Doll believes it’s “likely” for Taylor to pursue a civil case against Ritchson.

“Ordinarily, the chances of a civil case being filed are very high. … But I wouldn’t be surprised if there are some behind-the-scenes demand letters written by a lawyer seeking compensation for Taylor’s injuries and emotional distress,” Doll said.

“Whether that case makes it to court is anyone’s guess, but given how aggressive Ritchson’s actions were — in my view in appropriately so – I suspect he will be hearing from a lawyer soon,” he added.

This weekend, Ritchson, 43, was seen getting into a physical altercation with Taylor on their street in Brentwood, Tenn.

The dispute over Ritchson’s noisy motorbike, was captured in harrowing bodycam footage showing the Hollywood star punching Taylor in the head multiple times. Two young boys — presumed to be Ritchson’s sons — were seen standing nearby as the tussle unfolded.

Police closed the case after ruling that Ritchson acted in self-defense

“After reviewing available evidence, including video footage and witness statements, authorities determined that no criminal charges will be pursued. Mr. Ritchson’s actions were found to be in self-defense,” Brentwood Police Captain Steven Pepin told the Hollywood Reporter.

Pepin also confirmed that Ritchson declined to press charges against Taylor.

On Wednesday, Ritchson shared that he was back on the “Reacher” set to wrap filming for Season 4.

“Happy to be back in the booth after such a crazy week!” he wrote in an Instagram post. “That’s a wrap for me on post-production — #Reacher Season 4.”

“This is, without a doubt the most gripping season yet. I think we hit our stride. Firing on all cylinders… as it were,” he added.

Amazon Prime and Ritchson did not immediately respond to Page Six’s request for comment.

Venezuela’s Delcy Rodríguez Promotes Newly Opened Oil Sector to Investors at Florida Summit


CARACAS, Venezuela – In a bid to attract foreign investment, Venezuela’s acting President, Delcy Rodríguez, highlighted the promising long-term prospects in the nation’s resource-abundant oil sector at an investment summit supported by Saudi Arabia on Wednesday. This move signals the government’s strategic efforts to rejuvenate interest in its oil industry.

While speaking remotely at the Miami summit from Venezuela, Rodríguez introduced a revamped oil industry, emphasizing its recent openness to private capital, international arbitration, and increased transparency. These changes have been instituted in the few months since the U.S. military apprehended her predecessor, Nicolás Maduro, and the U.S. began implementing a comprehensive plan aimed at revitalizing Venezuela. Without mentioning Maduro, she focused on assuring potential investors of the nation’s newfound stability and safety as an investment destination, primarily due to the recent industry reforms.

Rodríguez expressed optimism about the country’s economic trajectory, predicting double-digit growth for this year and the subsequent two years. She emphasized that these developments would create a stable environment where investors can be confident that their investments are secure, regardless of political shifts or challenging circumstances, thanks to Venezuela’s robust legal protections.

“We are in the midst of stabilization, enacting necessary reforms to foster a productive atmosphere and attract investments that will diversify the driving forces of the Venezuelan economy,” Rodríguez stated in her speech, which was delivered entirely in Spanish.

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Venezuela, home to the world’s largest oil reserves, once boasted Latin America’s strongest economy, powered by its vast oil resources. However, a combination of corruption, poor management, and U.S. economic sanctions led to a dramatic decline in production, from 3.5 million barrels a day in 1999 under Maduro’s mentor, Hugo Chávez, to under 400,000 barrels per day by 2020.

In 2019, the U.S. Treasury Department under the first Trump administration locked Venezuela out of world oil markets when it sanctioned the state-owned Petróleos de Venezuela S.A., or PDVSA, as part of a policy punishing Maduro’s government for corruption. That forced the government to sell its remaining oil output at a discount — about 40% below market prices — to buyers such as China. Venezuela even started accepting payments in Russian rubles, bartered goods or cryptocurrency.

The country currently produces about a million barrels a day.

On Wednesday, Rodríguez touted Venezuela’s low production costs and willingness to negotiate.

“When we consider a barrel of oil, its production cost, 64% of that barrel has room for negotiation with the investor regarding royalty reductions, income tax reductions, and most importantly, the dividends the investor receives,” she said. “If there is a large investment, obviously the return will be higher on that 64%.”

Rodríguez was sworn in after Maduro and his wife were captured on Jan. 3 in Venezuela’s capital, Caracas, and taken to New York to face drug trafficking charges. Both have pleaded not guilty and are expected to appear in court Thursday.

After taking office, Rodríguez, under pressure from the Trump administration, moved quickly to overhaul oil industry regulations. A new law now grants private companies control over oil production and sales, ending PDVSA’s monopoly over those activities as well as pricing. It also allows for independent arbitration of disputes, removing a mandate for disagreements to be settled only in Venezuelan courts, which are controlled by the ruling party.

The U.S. Treasury Department, in return, has eased sanctions. Last week, it issued a broad authorization allowing PDVSA to directly sell Venezuelan oil to U.S. companies and on global markets, a massive shift after largely blocking dealings with Venezuela’s government and its oil sector for years.