Millions Spent on Brindabella Christian College Expected to Clear some Debt

Millions spent on Brindabella Christian College expected to clear some debt

Christian Community Ministries buys Brindabella College, addressing $6 million ATO debt but ReformBCC want regulatory change.

Brindabella sale result strong enough to pay $6 million tax debt, court told

Brindabella Christian College’s slate looks like being wiped clean. Photo: Region. The proceeds from the sale of Brindabella Christian College to Christian Community Ministries will be enough to clear the former school administration’s $6.1 million tax debt, a Federal Court heard today (21 May). An adjourned application to wind up Brindabella Christian Education Ltd, which went into voluntary administration on 5 March, resulted in a further adjo…