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UNSW cancer unit revisits Singapore debt format.

Australasian Business Intelligence, June, 2007

Byline: Rachel Lebihan

Jun 24, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The University of New South Wales (UNSW) has continued in the tradition which contributed to the demise of UNSW Asia. Due to announce a cancer research centre on 25 June 2007 - which has $A10 million in funding from Westfield's executive chair, Frank Lowy - it requires borrowing of more than $A50 million. This is considered dubious since UNSW Asia failed, in part, due to its heavy reliance on loans. However, Professor Fred Hilmer, the UNSW vice-chancellor, has pointed to the Children's Cancer Institute Australia as having a strong medical research platform.

Publication Date: 25 June 2007

WESTFIELD GROUP - ASX WDC

UNIVERSITY OF NEW SOUTH WALES...

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