Jul 2, 2026 – 1.32pmThe federal government has appeared as an “interested party” at a hearing that halted all cases against the Christian Brothers, to raise its deep alarm at the order’s transfer of assets to its educational arm.The transferred properties, which The Australian Financial Review reported on Friday would now be worth $2 billion, have left the order unable to meet its known liabilities to abuse victims, which the NSW Supreme Court heard on Thursday were worth $774 million. Last week, the court heard it had just $23 million in cash and a property portfolio worth $216 million.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Government weighs into ‘disturbing’ Christian Brothers bankruptcy
“It would [be] very disturbing and concerning if arrangements were made to shield assets or limit institutional liability,” the government’s barrister told a court.
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