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The City of Swan is one of 69 claimants looking to recover lost investments with Lehman.

Councils reach settlement with Lehman

Local councils, church groups and charities around Australia, including the City of Swan, have reached a conditional settlement of their claim for roughly $180 million in damages lost on investments sold by Lehman Brothers Australia.

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Total revenue

1st-City of Stirling$219.4m
2nd-City of Perth$191.3m
3rd↑City of Swan$178.5m
4th↓City of Wanneroo$170.9m
5th-City of Joondalup$147.9m
140 local governments ranked by total revenue

Number of Employees

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