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The Pyramid Building Society, the Geelong Building Society and the Countrywide Building Society together made up the Farrow Group of building societies, based in Geelong, Australia. The group collapsed in 1990 with debts in excess of $2 billion. The cost of the collapse to Victoria taxpayers was estimated at over $900 million. A fuel levy of 3c-per-litre was introduced by the Victorian Government to recompense depositors.

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  • Pyramid Building Society (en)
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  • The Pyramid Building Society, the Geelong Building Society and the Countrywide Building Society together made up the Farrow Group of building societies, based in Geelong, Australia. The group collapsed in 1990 with debts in excess of $2 billion. The cost of the collapse to Victoria taxpayers was estimated at over $900 million. A fuel levy of 3c-per-litre was introduced by the Victorian Government to recompense depositors. (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/Farrow-centre-geelong.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/Pyramid-building-society-flyer.jpg
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founded
  • in Geelong, Victoria (en)
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  • Former headquarters of the Farrow Group, the Farrow Centre in Brougham Street, Geelong. Completed in 1989, it is now occupied by the City of Greater Geelong (en)
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  • The Pyramid Building Society, the Geelong Building Society and the Countrywide Building Society together made up the Farrow Group of building societies, based in Geelong, Australia. The group collapsed in 1990 with debts in excess of $2 billion. The cost of the collapse to Victoria taxpayers was estimated at over $900 million. A fuel levy of 3c-per-litre was introduced by the Victorian Government to recompense depositors. (en)
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