Tuesday, May 29, 2007
Lost the lot
AGE: Bringing down the house
More than 20,000 small investors have lost almost a billion dollars in collapsed property schemes. Helen Westerman and Ben Schneiders report on the plague sweeping Australia.FOR many Australians, property is in the blood. Of all investments, it seems the most tangible, the most understandable.But waking to headlines heralding the collapse of Estate Property Group and its finance arm, Australian Capital Reserve, this week must have seemed like a recurring nightmare
Posted by chris @ 11:12 PM (24 views) Add Comment
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