Australians suffer biggest loss on record
Australians have suffered their biggest loss of wealth on record, falling a staggering 35 per cent over the past year and $21,000 on average since hitting an all-time peak just 15 months ago.
The Australian Rugby Union posted a loss of A$8,3 million in 2012 due to higher expenses despite a surge in revenue from the previous year, the governing body said at its annual general meeting in Sydney on Monday.