Jonathan Barrett

Perth-based property funds manager Aspen Group has outlined steps taken to address market pressures, which resulted in a $64.7 million loss for 2008-09 after the financial crisis severely hurt property valuations, management fees and transaction activity.

AN Indian student approaches an education agent in his home city, after hearing that if he studies in Australia, he can get permanent residency.

Perth-based mortgage aggregator Australian Finance Group has sold its financial planning arm to ING-backed Sentry Financial Group.

AS a pack of reporters thrust their dictaphones in front of Troy Buswell late last week, the treasurer remarked that it reminded him of something other than a press conference.

INVESTORS in several failed Great Southern schemes are facing the double indignity of losing control of their assets and receiving a hefty tax bill.

Great Southern receiver McGrathNicol has indicated the group's horticulture schemes are likely to be wound up, which will leave investors nursing significant losses.

The cloud hanging over car dealers has dispersed, as conditions improve.

TEACHING is widely regarded as a recession-proof profession.And it appears those companies that turn a profit from private education have also come out largely unaffected by the economic downturn.

Groups seeking to take over the assets of failed agribusiness provider Great Southern have been asked if they are prepared to finance the projects from Thursday onwards, as emergency funding runs out.