Brief: Homeloans chairman dies

John Kavanagh
The chairman and founding director of Homeloans Ltd, Tim Holmes, died over the weekend. Homeloans issued a statement to the Australian Securities Exchange yesterday but did not provide details about the cause of death. Holmes and Rob Salmon established International Financing and Investment Pty Ltd, which in 1990 became IF&I - the predecessor to Homeloans. Holmes had been Homeloans chairman since 2003.