Sydney-based investment fund operator, Mariner Financial, has announced that it will develop alternative choices of consumer finance to fund the purchase of retirement village units over the next 12 months. They also state they will provide funding to village developers that is not reliant on the DMF model. Mariner manages over $1.2 billion in assets and is highly regarded for developing unique investment products.
Five Prime Trust directors found to a breach their duties when handing over $33 million to Bill Lewski
Corporate watchdog ASIC was successful in the Federal Court, obtaining a ruling that the five former directors of Prime Trust are liable for breaching their duties as officers of the trust APCHL. They agreed to the amendment of the Constitution of...