Newspaper, Scrapbook Clipping, Library Collection, Ringwood, Victoria, `

Historical information

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Significance

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Physical description

Newspaper clipping from "The Post"16-8-95, P 3. Eastland deals all clear

Inscriptions & markings

The Victorian Auditor General has found no major inconsistencies or financial implications for the new Maroondah Council in any deals between the former Ringwood Council and retail giant Coles Myer over the Eastland Shopping Centre Project. Howevber, the long awairted "Due diligence" report rel;eased on Monday by council reveals that because of the escalation in Ringwood Plaza project costs - from over $7.5 million in February 1993, to over 12.2 million last February - the Ringwood Trust has "short term liquidity problems".

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