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)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>