Wednesday, July 4, 2007

More could fall, Senator Sherry said, adding that “there could be a contagion effect”.

More firms collapse

TWO more high-risk property investment schemes have collapsed, taking to four the number of failures in the sector this year. About $1.5 billion poured into property investments by 40,000 mums and dads is now at risk, Labor finance spokesman Nick Sherry said.

Posted by chris @ 11:02 PM (378 views)
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