{"id":27551,"date":"2011-07-30T22:12:49","date_gmt":"2011-07-30T22:12:49","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/smh_prayers_unanswered_as_sydney_anglicans_brace_for_more_cuts\/"},"modified":"2011-07-30T22:12:49","modified_gmt":"2011-07-30T22:12:49","slug":"smh_prayers_unanswered_as_sydney_anglicans_brace_for_more_cuts","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=27551","title":{"rendered":"(SMH) Prayers unanswered as Sydney Anglicans brace for more cuts"},"content":{"rendered":"<p>The Anglican Church&#8217;s Sydney diocese faces another year of belt tightening and cuts to community services after its investment arm warned of a &#8221;substantial reduction&#8221; in its annual payout.<\/p>\n<p>Two years after it lost $160 million because of a high-risk gearing strategy, the investment arm of the country&#8217;s largest Anglican diocese has blamed a 71 per cent fall in earnings &#8211; to $3.2 million for the year to December &#8211; on a &#8221;subdued performance&#8221; by the Australian sharemarket. The result would have been worse if not for a $4.5 million rise in the value of its investment in St Andrew&#8217;s House.<\/p>\n<p><a href=\"http:\/\/www.smh.com.au\/national\/prayers-unanswered-as-anglicans-brace-for-more-cuts-20110727-1i077.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Anglican Church&#8217;s Sydney diocese faces another year of belt tightening and cuts to community services after its investment arm warned of a &#8221;substantial reduction&#8221; in its annual payout. Two years after it lost $160 million because of a high-risk<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=27551\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,48,40,395,74,595,149,184,441,599,596],"tags":[],"class_list":["post-27551","post","type-post","status-publish","format-standard","hentry","category-anglican-episcopal","category-christian-life-church-life","category-economics-politics","category-anglican-church-of-australia","category-anglican-provinces","category-credit-markets","category-economy","category-parish-ministry","category-stewardship","category-stock-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27551"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27551\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}