API members, branches keep up disclosure demands
Sep 18, 2013 (The Australian Financial Review - ABIX via COMTEX) --
Both the New South Wales and Victorian divisions of the Australian Property Institute (API) are at odds with its national executive. The API, which made a loss of about $A160,000 in 2012 on income of $A7 million, wants to centralise budgeting and revenues, but its state units are unhappy about this proposal. API national president Tony Gorman has accused critics of its plan of leaking confidential information to the media, but API members believe the national executive should be prepared to disclose its financial management practices.
Publication Date: 19 September 2013
AUSTRALIAN PROPERTY INSTITUTE
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