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Riverina retiree investors hit as Kahlefeldt Securities Wagga property developer enters administration

Rex Martinich
By Rex Martinich
Updated August 12 2022 - 1:58am, first published August 1 2022 - 7:00pm
Brian and Joy Kahlefeldt, pictured in 2017 at the opening of their namesake wing of Lilier Lodge. The couple's property development company, Kahlefeldt Securities, was last month confirmed as being in voluntary administration.

Riverina investors face losing part of their life savings after a development company run by a prominent Wagga couple was placed in administration owing creditors at least $15.8 million.

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Rex Martinich

Rex Martinich

Journalist

Journalist for the Daily Advertiser in Wagga Wagga covering politics and data. Mobile: 0437 853 137 Email: rex.martinich@dailyadvertiser.com.au

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