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A company owned by Christchurch and Dunedin lawyers. FMC ran the Canterbury Mortgage Trust Fund for almost a decade. In July 2008 it was frozen with $250m of investors’ money, and in February 2009.
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Employment changes affect mortgages and schooling choices. It is too soon to grasp the flow-on effects, but we can be certain this will have a huge impact across Dunedin.” For the next year, it was.
Dunedin’s Labour MPs Clare Curran and David Clark said the factory closure was a devastating blow. "Employment changes affect mortgages and schooling choices. It is too soon to grasp the flow on.