The South Australian Political Landscape

[Booney]

No stamp duty revenue? Where you getting the coin to run, I don't know, everything, Vince?

[Brodlach]

Surely people will see through his bullshit. Making popular statements that will never come to fruition

[am Bays]

Like, “We’re gunna fix ramping” which has now become “We’re gunna fix housing”

Mind you with the infighting in public display nothing was going g to stop a change of govt in 2022

[wenchbarwer]

Surely people will see through his bullshit. Making popular statements that will never come to fruition

When "Undecided" is in front of you in the opinion polls, it really doesn't matter what you say as you ain't getting in!

[Jimmy_041]

No stamp duty revenue? Where you getting the coin to run, I don't know, everything, Vince?

Kuntsantonis has a very short memory

https://www.abc.net.au/news/2015-04-16/ ... rk/6397730

[wenchbarwer]

No stamp duty revenue? Where you getting the coin to run, I don't know, everything, Vince?

Kuntsantonis has a very short memory

https://www.abc.net.au/news/2015-04-16/ ... rk/6397730

Turbo Tom a hypocrite????

Well, I never!

[Booney]

Mali delivers again :

Embattled disability service provider Bedford Group to be sold, Peter Malinauskas confirms

After 70 years of providing purpose and community for workers with a disability, a buyer has been found for embattled Bedford – saving hundreds of jobs, the Premier has announced.

The future of more than 1200 workers has been secured as disability service provider Bedford is set to be sold.

On Monday it was announced that The Disability Trust, a not-for-profit disability provider, will buy Bedford Group, having been identified as the preferred buyer during the months-long sale process.

As part of the sale, Bedford Group will head into voluntary administration, with McGrathNicol as administrator, who will oversee the completion of the sale to The Disability Trust.

Premier Peter Malinauskas and Federal Health Minister Mark Butler made the formal announcement at a press conference on the Bedford site at Panorama on Monday morning.

Mr Malinauskas said the potential loss of 1200 jobs if the government chose not to act would have been “unacceptable”.

“Now, through this carefully calibrated intervention and in partnership with the federal government, we have been able to arrive at a point where a sale is being progressed, and that the people with disability at Bedford can continue to work,” Mr Malinauskas said.

“Importantly, this isn’t any buyer, but a high-quality, long standing and respected one, who will treat these workers with the dignity they deserve.”

Under The Disability Trust’s offer, all 827 supported employees and 389 clients will be retained.

In July, Bedford Group came to the brink of collapse, being saved by a $15 million state government bailout package, which included the government purchasing the 39,090 square metre Balyana site from Bedford.

In October, the federal government contributed an additional $4.4 million to keep Bedford going during the sale process.

To ensure the sale to The Disability Trust can proceed, the state government will provide a portion of Crown land at Bedford’s Panorama site to The Disability Trust at no cost, bringing the total state government contribution to $21 million.

The federal government will provide an additional $13.2 million to support the sale, bringing their total contribution to $17.6m.

The Disability Trust chief executive Karenza Louis-Smith said the proposed acquisition of Bedford will protect the programs and support that “mean the most” to people, the places where they “work, learn, connect and belong”.

“Our priority is, and will always remain, the people whose lives are shaped by these services,” she said.

“Bedford has stood for inclusion for generations, and we are proud to help carry that forward.”

Federal Health Minister Mark Butler said the announcement was “wonderful news” for families that rely on Bedford for employment and NDIS services.

“The Disability Trust has a 50-year history as a reputable not-for-profit disability organisation and I’m pleased that they’ve recognised the opportunities available in South Australia,” he said.

“The government will continue to do everything possible to secure a good outcome for NDIS participants, Bedford employees and the wider community.”

Final details of the sale are subject to creditor approval, with main creditor NAB working closely with Bedford and the government during the sale process.

On Friday, Mr Malinauskas said Bedford would collapse “within days” if a buyer couldn’t be secured.

Bedford Group narrowly avoided voluntary administration in July after the state government provided a $15 million bailout, acquiring Bedford’s 39,090sq m Balyana site at Clapham in the process.

Last month, the federal government chipped in $4.4 million to support the sales process, following “careful consideration” of the group’s financial position.

At the time, Mr Butler said Bedford’s financial position was so bad that it couldn’t operate week-to-week.

Among those who feared for their futures was Bedford employee Harvey Whitelock, 58.

“It will put pressure on families as we have to work out what happens next,” Harvey’s father, Rod, said last week.

“Where are they going to go? Can they find other work? What will they do if they can’t find work? How will we support them? Everything’s up in the air.”

Harvey, who has cerebral palsy, is blind in one eye and suffered lifelong injuries from a horror hit-and-run crash in 1995, has worked at Bedford for nearly 40 years.

[Jimmy_041]

Mali delivers again :

Embattled disability service provider Bedford Group to be sold, Peter Malinauskas confirms

After 70 years of providing purpose and community for workers with a disability, a buyer has been found for embattled Bedford – saving hundreds of jobs, the Premier has announced.

The future of more than 1200 workers has been secured as disability service provider Bedford is set to be sold.

On Monday it was announced that The Disability Trust, a not-for-profit disability provider, will buy Bedford Group, having been identified as the preferred buyer during the months-long sale process.

As part of the sale, Bedford Group will head into voluntary administration, with McGrathNicol as administrator, who will oversee the completion of the sale to The Disability Trust.

Premier Peter Malinauskas and Federal Health Minister Mark Butler made the formal announcement at a press conference on the Bedford site at Panorama on Monday morning.

Mr Malinauskas said the potential loss of 1200 jobs if the government chose not to act would have been “unacceptable”.

“Now, through this carefully calibrated intervention and in partnership with the federal government, we have been able to arrive at a point where a sale is being progressed, and that the people with disability at Bedford can continue to work,” Mr Malinauskas said.

“Importantly, this isn’t any buyer, but a high-quality, long standing and respected one, who will treat these workers with the dignity they deserve.”

Under The Disability Trust’s offer, all 827 supported employees and 389 clients will be retained.

In July, Bedford Group came to the brink of collapse, being saved by a $15 million state government bailout package, which included the government purchasing the 39,090 square metre Balyana site from Bedford.

In October, the federal government contributed an additional $4.4 million to keep Bedford going during the sale process.

To ensure the sale to The Disability Trust can proceed, the state government will provide a portion of Crown land at Bedford’s Panorama site to The Disability Trust at no cost, bringing the total state government contribution to $21 million.

The federal government will provide an additional $13.2 million to support the sale, bringing their total contribution to $17.6m.

The Disability Trust chief executive Karenza Louis-Smith said the proposed acquisition of Bedford will protect the programs and support that “mean the most” to people, the places where they “work, learn, connect and belong”.

“Our priority is, and will always remain, the people whose lives are shaped by these services,” she said.

“Bedford has stood for inclusion for generations, and we are proud to help carry that forward.”

Federal Health Minister Mark Butler said the announcement was “wonderful news” for families that rely on Bedford for employment and NDIS services.

“The Disability Trust has a 50-year history as a reputable not-for-profit disability organisation and I’m pleased that they’ve recognised the opportunities available in South Australia,” he said.

“The government will continue to do everything possible to secure a good outcome for NDIS participants, Bedford employees and the wider community.”

Final details of the sale are subject to creditor approval, with main creditor NAB working closely with Bedford and the government during the sale process.

On Friday, Mr Malinauskas said Bedford would collapse “within days” if a buyer couldn’t be secured.

Bedford Group narrowly avoided voluntary administration in July after the state government provided a $15 million bailout, acquiring Bedford’s 39,090sq m Balyana site at Clapham in the process.

Last month, the federal government chipped in $4.4 million to support the sales process, following “careful consideration” of the group’s financial position.

At the time, Mr Butler said Bedford’s financial position was so bad that it couldn’t operate week-to-week.

Among those who feared for their futures was Bedford employee Harvey Whitelock, 58.

“It will put pressure on families as we have to work out what happens next,” Harvey’s father, Rod, said last week.

“Where are they going to go? Can they find other work? What will they do if they can’t find work? How will we support them? Everything’s up in the air.”

Harvey, who has cerebral palsy, is blind in one eye and suffered lifelong injuries from a horror hit-and-run crash in 1995, has worked at Bedford for nearly 40 years.

More like the bloke behind him (Mr. Fixit) delivers again and Mali announces it again

[dedja]

Hold the champagne, creditors are still being stiffed.

[Booney]

Nearly 500 schools now reporting they have the potentially asbestos riddled sand on site.

Mrs Boon and her pre school have moved into the library until their zone has been cleaned and cleared.

They've done 7 schools since Monday.

[DOC]

Hold the champagne, creditors are still being stiffed.

Got a link?

[dedja]

Hold the champagne, creditors are still being stiffed.

Got a link?

https://www.adelaidenow.com.au/news/sou ... 7250aba559

Timpecha Wholesalers owed $60k as Bedford Group disability provider axes 29 corporate roles

Nearly 30 corporate jobs have been wiped out at South Australian disability provider Bedford as administrators move in, while small suppliers owed tens of thousands fear they will never be paid.

McGrathNicol, newly appointed as Bedford’s voluntary administrators, immediately axed 29 corporate roles in a brutal clean-out on Monday.

But more than 1000 supported employment positions remain unaffected.

The shake-up came as Premier Peter Malinauskas confirmed non-profit The Disability Trust was set to take over after Bedford revealed in July it was in major financial trouble.

With McGrathNicol now overseeing the transition to a sale, suppliers say they are still anxiously waiting for answers on overdue payments from Bedford.

Tim Chatzopoulos says his family business, Timpecha Wholesalers, supplied food to Bedford-backed Cultivate Food and Beverage and is still owed $60,000.

“We are just a small family business trying to make it through.” he said.

“A business our size cannot take such a loss … I have to now almost restructure the business.”

On Monday, suppliers received a letter from McGrathNicol outlining that any debts incurred before November 17 are “not payable” by the administrators and will instead be treated as unsecured claims against Bedford, with any payment “dependent on the outcome of the administration”.

In a response to The Advertiser, McGrathNicol said that “the administration process includes a moratorium period where pre-appointment debts are frozen and payment is subject to the future outcomes of the administration process.”

“It is too early to say whether there will be funds available to repay debts and the Administrators cannot offer any guarantees that debts will be repaid,” they said.

Mr Chatzopoulos said he had found the letter disheartening and he interpreted it as a warning sign that “they’re not going to pay us anything.”

“To lose that kind of money is just demoralising,” he said. “Like why do I bother working day and night just to be left scrambling?”

He said the situation was especially frustrating after Bedford told him the state government’s $15 million rescue package, announced in July, would help clear supplier debts.

“They told me the $15m was specifically intended to pay all the bills,” he said.

Instead, he says he faced repeated delays.

“They’ve set up four or five different payment plans and haven’t made a single payment. Basically they’ve just been milking the time to get to now.”

He said he also reached out to Premier Peter Malinauskas for help but received no reply.

A government spokesman said Bedford’s finances and any creditor returns were matters for McGrathNicol.

“The actions of the state and federal governments have protected 1250 Bedford workers and clients with disability, who would otherwise would have been left without a job,” he said.

“The very poor financial decisions made by the former leadership of Bedford have had significant and detrimental consequences for staff, clients and suppliers.”

[Jimmy_041]

Hold the champagne, creditors are still being stiffed.

Got a link?

& maybe Mount Gambier

[stan]

Hold the champagne, creditors are still being stiffed.

Got a link?

https://www.adelaidenow.com.au/news/sou ... 7250aba559

Timpecha Wholesalers owed $60k as Bedford Group disability provider axes 29 corporate roles

Nearly 30 corporate jobs have been wiped out at South Australian disability provider Bedford as administrators move in, while small suppliers owed tens of thousands fear they will never be paid.

McGrathNicol, newly appointed as Bedford’s voluntary administrators, immediately axed 29 corporate roles in a brutal clean-out on Monday.

But more than 1000 supported employment positions remain unaffected.

The shake-up came as Premier Peter Malinauskas confirmed non-profit The Disability Trust was set to take over after Bedford revealed in July it was in major financial trouble.

With McGrathNicol now overseeing the transition to a sale, suppliers say they are still anxiously waiting for answers on overdue payments from Bedford.

Tim Chatzopoulos says his family business, Timpecha Wholesalers, supplied food to Bedford-backed Cultivate Food and Beverage and is still owed $60,000.

“We are just a small family business trying to make it through.” he said.

“A business our size cannot take such a loss … I have to now almost restructure the business.”

On Monday, suppliers received a letter from McGrathNicol outlining that any debts incurred before November 17 are “not payable” by the administrators and will instead be treated as unsecured claims against Bedford, with any payment “dependent on the outcome of the administration”.

In a response to The Advertiser, McGrathNicol said that “the administration process includes a moratorium period where pre-appointment debts are frozen and payment is subject to the future outcomes of the administration process.”

“It is too early to say whether there will be funds available to repay debts and the Administrators cannot offer any guarantees that debts will be repaid,” they said.

Mr Chatzopoulos said he had found the letter disheartening and he interpreted it as a warning sign that “they’re not going to pay us anything.”

“To lose that kind of money is just demoralising,” he said. “Like why do I bother working day and night just to be left scrambling?”

He said the situation was especially frustrating after Bedford told him the state government’s $15 million rescue package, announced in July, would help clear supplier debts.

“They told me the $15m was specifically intended to pay all the bills,” he said.

Instead, he says he faced repeated delays.

“They’ve set up four or five different payment plans and haven’t made a single payment. Basically they’ve just been milking the time to get to now.”

He said he also reached out to Premier Peter Malinauskas for help but received no reply.

A government spokesman said Bedford’s finances and any creditor returns were matters for McGrathNicol.

“The actions of the state and federal governments have protected 1250 Bedford workers and clients with disability, who would otherwise would have been left without a job,” he said.

“The very poor financial decisions made by the former leadership of Bedford have had significant and detrimental consequences for staff, clients and suppliers.”

Obviously part of the reason for going into administration before the sale, to protect the new owners (Obviously a condition of them buying it) from the liabilities.

Definitely some people going to get screwed here.

I just have to ask, how did the current board or management **** this up that badly?