Latest Banksia payout blocked by court action

By Everard Himmelreich
Updated April 20 2018 - 5:22pm, first published 4:30pm
The latest payout to investors in the failed Banksia finance company has been blocked by an appeal.
The latest payout to investors in the failed Banksia finance company has been blocked by an appeal.

Many south-west investors in the failed Banksia finance company are frustrated after an appeal was launched against a $64 million settlement deal that was to give them another eight cents in the dollar on their investment last month.

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