Thursday 8 September 2011

Judges out of touch Finance Advisers Accountants MIS Projects TimberCorp Rewards Great Southern Superannuation Class Actions HNAB Action Group Peter Holt William (Bill) Norman Ashman Craig Baker Pty Ltd HNAB

Holt Norman Ashman Baker Pty Ltd Action Group (HNAB)

A group of Australian investors who shared the same Accountancy firm have started their own action group and blog. (HNAB Action Group). William (Bill) Norman, Craig Baker, Peter Holt

The objective of this group is to discuss our experiences. EG.  (Managed Investment Schemes, Share Market Stocks, Margin Loans,  Self Managed Superannuation Funds and Class Actions for TimberCorp & Great Southern).

From creating the network and a collaborative approach we aim to work together to establish common goals and objectives

If you would like to join the HNAB action group you will need to contact HNAB action group via hnabactiongroup@gmail.com .    

Are class Actions the best action or is it consolidation of the MIS investors to avoid the banks who underwrite the loans. Potentially the impact to banks far outways what they may receive.

Timbercorp Finance lenders are ANZ Bank, Commonwealth Bank, Westpac Bank and Bank of Scotland. ANZ is reportedly by far the biggest, with an exposure of between $450 million and $500 million.

Great Southern Class Action were against Bendigo Bank and Adelaide Bank but were withdrawn. 
Are judges out of touch giving the Timbercorp rejections on fathers day?.