Watchdog Ready to Target Church Investment Funds

By Dan Box
The Australian
April 2, 2014

http://www.theaustralian.com.au/national-affairs/in-depth/watchdog-ready-to-target-church-investment-funds/story-fngburq5-1226871345001#mm-premium

CHURCHES will be barred from offering “easy access” bank-style accounts to their ­parishioners amid tough new ­restrictions proposed by the ­national regulator in a crackdown on more than $1 billion in investments held in unregulated church-run funds.