Village residents have been busy. The NSW State Government Minister responsible for the industry, Linda Burney, has received over 300 submissions on the issues paper on changes to the Retirement Villages Act the highest number the Government has received for any issues paper - ever!
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...