Scenario: Norris had decided for some time that he wanted to purchase a motel. After looking at several different areas, he settled on Port Stephens in New South Wales as offering both the potential for business and the lifestyle he was seeking. He rang a number of real estate agents, inquiring whether they had any motels listed for sale. He finally found a motel and general business listed with an estate agent called Evatt. Evatt told Norris that once he got going in this business it would be a gold mine. Norris sought an accountant's advice and then proceeded to buy the business. Within six months of buying the motel and general business, Norris was broke because there were neither the tourist numbers nor the local population to sustain the business.

Questions: Can Norris sue the estate agent for his statements about the business? Will he succeed? Explain your answers.