Monday 17 December 2007

BizBriefs. Parramatta and Western Sydney

Custodian of millions
Bev Manton, chairwoman, of the Parramatta-based NSW Aboriginal Land Council, is the custodian of the council's investment fund of $700 million and a land portfolio of more than 616,460 hecatres with an unimproved capital value of more than $2 billion.
Borders will have to wait
Borders Parramatta store, like 21 others around Australia, will have to wait until January 30 before the ACCC announces its decision on Pacific Equity Partners, owners of Angus & Robertson, bid to purchase the chain for $130 million. The decision was expected on Wedneaday, December 19.
Mining boom
UWS Pro Vice-Chancellor, Stuart Campbell, said "the mining boom, big salaries and limitless jobs" could be behind the surge in first-year students enrolling in engineering faculties.

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