NSW Treasurer Makes Some Bad Investments

PROPERTY investment schemes, invested into by NSW Treasurer Eric Roozendaal have reported huge losses, with some investment vehicles collapsing, and others falling to but a fraction of their former values.

The treasurer said he sought independent financial advice in relation to six investments, reported in The Australian.

“Unfortunately some of these investments didn’t turn out to be as successful as they could have been,” he told the paper.

Read more