Exclusive Brethren’s Hales family Property Holdings

There is a 'religion' known as the Exclusive Brethren whose leader and his family are very wealthy property investors in Sydney.

Check out this article which has analysis and pics of the properties:
The Eastwood mansions that signal the vast wealth of the Exclusive Brethren’s Hales family
Exclusive Brethren Sydney: Hales family’s Eastwood mansions that expose vast wealth

 

Does it make sense to spend $m on a 4000m² block and new mansion?

 

More of an extremist and abusive cult, that donates money and has ties to a particular political party and ex prime minister.

 

Yet they get school funding
Exclusive Brethren MET school gets record funding

In total, more than 600 public schools across the state receive less public funding per student than the Brethren institution, which has been rebranded as part of the Plymouth Brethren Christian Church.

Successive NSW and federal governments have continued to fund the 1000-student, 11-campus school at record levels of more than $10,000 per student despite parents and brethren businesses bolstering its coffers through up to $10 million in gifts every year - three times the amount of income it receives in school fees.

 

For various reasons, I have no love for the exclusive Brethren, but this article really seems to be about a family run business called Unispace that was very successful and enabled the family members involved to splash out on ostentatious properties in their preferred corner of Sydney. Talk about putting all your (Faberge) eggs in one basket.

 

The Post