New PM Chan appoints caretaker cabinet, including Sir Albert Kipalan. Mr Kipalan, as caretaker Minister, writes to Mr Anderson, undertaking to lease the proposed Waigani offices. Mr Benn writes to Mr Kipalan. Delighted to have received his support. 10.9.94 Kina floated.
Currency quickly devalues.
Early Oct Mr Ragi flies to Cairns to inspect property for the first time. 6.10.94 Mr Ragi and Mr Peruka put under pressure to hold Board meeting and expedite the purchase. 7.10.94 Mr Iamo writes to Mr Ragi raising concerns over Conservatory purchase. 7.10.94 Mr Peruka writes to Mr Ragi, expressing same concerns. 10.10.94 Board meeting with Mr Peruka as acting chairman, and Mr Iamo present, makes decision to purchase The Conservatory.