It is understood this would include, for example, shops owned by the church in the Sydney Town Hall arcade, Sydney Square and St Andrew's House, as well as properties such as those rented as the barrister's chambers of St James.

LGBT Anglicans and Indigenous leaders expressed outrage and concern as lawyers scrambled to understand the full implications of what they say is largely untested law.

The claim is that the two companies committed fraud by securing millions of dollars in loans to purchase high end servers. The companies bought cheaper servers and the money was spent differently including $1.5 million to CMCI to make up for deficits. Both executives strenuously deny the charges.

"Anglicanism is at a crossroads," said Gerald R. McDermott, Anglican chair of divinity and director of the institute. "The battles between progressivism and orthodoxy in Anglicanism are largely over--at least theologically. The ground is now clearing, although residue from the battles remains. Orthodoxy is attracting the vast majority of worldwide Anglican provinces, where the center of gravity is in the Global South.

The former Sydney Archbishop said blame for this tragedy must be laid at the feet of those who defied the overwhelming majority view expressed in the 1998 Lambeth Conference. It is fatuous to criticize those who stood with the orthodox in the successive Provinces who have compromised the faith of the church on fundamental matters. It is not the orthodox who have changed the faith once for all delivered to the saints.