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 have reached a conditional settlement of their claim for roughly $180 million in damages lost on investments sold to them by Lehman Brothers Australia.


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Total revenue

3rd↑City of Wanneroo$188.4m
5th↓City of Swan$178.5m
7th↓City of Joondalup$150.2m
8th↓City of Cockburn$139.6m
140 local governments ranked by total revenue

Number of Employees

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