AUSTRALIAN COUNCIL FOR THE DEFENCE OF GOVERNMENT SCHOOLS
PRESS RELEASE 548#
CATHOLIC CHURCH ABUSE CLAIMS TO BE PAID FROM INTEREST ON $6.3 BILLION STATE AID
The Guardian ( Australia) and the Australian Newspaper have revealed some insight into an ongoing national scandal: the enormous wealth of the Australian Catholic Church and the complete lack of accountability for the billions of dollars of taxpayer funds with which this institution is endowed.
On Wednesday 26 March the Guardian Newspaper reported that the Business manager of the Sydney Archdiocese told the Royal Commission into Sexual Abuse that the Sydney Catholic archdiocese, a ‘voluntary not-for profit organisation’, controls funds worth more than $1.24bn and has regularly made multimillion-dollar tax-free profits.