Across Australia village operators are reporting a rebound in sales in March, with several reporting they have matched the March monthly target set in budgets July last year. Stockland revealed to institutional investors that its average monthly sale in its Retirement Village division was 29 ILUs for the July to December quarter, jumping to 36 ILUs per month in the January to March 09 quarter.
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...