The federal disability minister says his concerns about the financial state of the country’s second-largest employer of people with a disability have grown.
According to its website, Bedford provides services to more than 1,500 people with a disability across South Australia. But the company aired concerns it would need to enter voluntary administration in July.
The state government stepped in with a $15 million lifeline, in exchange for ownership of a supported accommodation in Adelaide’s inner South.
While the disability provider avoided administration, advisory firm McGrathNicol was appointed to work with Bedford on a restructure.
Mark Butler says the depth of Bedford’s financial struggles has been exposed. (ABC News: Callum Flinn)