"Bali-based Elite Havens real estate partner Matthew Georgeson says his agency, which developed the $US35 million Pantai Selatan (Estate) concept…[states] “Asia was not affected by the GFC…. There were no foreclosures. On the sales side the market has kept going. Values have been maintained and activity has remained strong". "Trust is the ultimate thing here,” Macaulay says “….You have to have cultural awareness and government awareness…there’s so many dimensions.” High time for builders in Bali, The Australian Financial Review, Edition 26 Oct 2010.”