The Productivity Commission has delayed the release of its initial report from December until January 21st, 2011. A number of reasons were cited for the new date, one of which is the delay by the Department of Health and Ageing in submitting their response. The final report will be presented by the Productivity Commission to Government by the end of June 2011.
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...