The Royal Commission has heard from the head of the Anglican Church in Australia that it cannot be assumed that the Anglican Church can sell its’ multi-billion dollar assets to pay compensation to child sexual abuse victims. Archbishop Phillip Aspinall told the Royal Commission that most of the Church’s assets are held in trust and it cannot be assumed that they can be sold to fund compensation claims. The Royal Commission heard that the Church claimed it had limited funds when settling the claims of 41 victims. However, the Commission also found that millions of dollars of trust-held assets were once sold in the Grafton diocese to bail out a private Anglican college in debt.
Anglican Church claims its’ assets are protected
