Jul 22, 2026 – 5.00amThe almost defunct Christian Brothers will fully repay a $30 million loan to the Catholic archdiocese of Melbourne before dividing its dwindling remaining assets among abuse survivors.The Catholic order is seeking to wind itself up through a creditors’ scheme of arrangement, stating that its remaining $200 million in untied assets is insufficient to cover an estimated $774 million in liabilities to abuse survivors.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Catholic archdiocese to be paid before Christian Brothers victims
The nearly collapsed religious community will fully repay a $30 million loan before dividing its dwindling remaining assets among abuse survivors.
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