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Little joy for taxpayer in Mascot receivership

The receivers of Mascot Finance have scraped out a second distribution of $3.3 million, but the small windfall has been offset by the government's decision to honour all investors under the deposit guarantee scheme.And the difficult property market means

Duncan Bridgeman
Thu, 14 Oct 2010

The receivers of Mascot Finance have scraped out a second distribution of $3.3 million, but the small windfall has been offset by the government’s decision to honour all investors under the deposit guarantee scheme.

And the difficult property market means it could be a long while before the taxpayer

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Duncan Bridgeman
Thu, 14 Oct 2010
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Little joy for taxpayer in Mascot receivership
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