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Hardship cap lifted for frozen fundsThis is a discussion on Hardship cap lifted for frozen funds within the 2009 Q3 News Headlines forums, part of the 2009 News category; Mortgage funds that froze withdrawals late last year will be able to allow investors to withdraw $100,000, up from $20,000, under relief announced yesterday by the Australia Securities and Investments ... |
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18th August 2009, 11:15 AM
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 |  Hardship cap lifted for frozen funds Mortgage funds that froze withdrawals late last year will be able to allow investors to withdraw $100,000, up from $20,000, under relief announced yesterday by the Australia Securities and Investments Commission. Funds holding approximately $25 billion of investor money are affected, ASIC said. More...
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