{"id":283350,"date":"2025-11-14T06:08:09","date_gmt":"2025-11-14T06:08:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/283350\/"},"modified":"2025-11-14T06:08:09","modified_gmt":"2025-11-14T06:08:09","slug":"sa-premier-says-he-will-prioritise-saving-bedford-over-cop-negotiations-in-brazil","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/283350\/","title":{"rendered":"SA Premier says he will prioritise saving Bedford over COP negotiations in Brazil"},"content":{"rendered":"<p class=\"paragraph_paragraph__iYReA\">SA Premier Peter Malinauskas says he will not be going to Brazil for COP negotiations so he can focus on saving disability employment provider Bedford, which has &#8220;days&#8221; left to secure its future.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Speaking on Friday afternoon, Mr Malinauskas said there was &#8220;more than one&#8221; buyer interested in taking on Bedford, but that the government &#8220;can&#8217;t land that new buyer unless we have a holistic package that sits around it&#8221;.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;The South Australian government at the highest levels, in conjunction with the federal government, are all in on trying to make sure we get the right outcome here,&#8221; he said.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;We are committed to doing our level best to see a new owner of Bedford that secures the work for these employees into the future, but I don&#8217;t want to mislead people and guarantee an outcome.&#8221;<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Mr Malinauskas said he was &#8220;optimistic but only with the highest degree of caution&#8221; that the jobs of people employed by Bedford would be saved.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;The last thing I want to do is tell everyone it&#8217;s under control and it turns out we don&#8217;t turn out landing the desired outcome,&#8221; he said.<\/p>\n<p>&#8220;And that&#8217;s going to take a bit of work over the weekend\u2026 I&#8217;m definitely not going to go to Brazil now.&#8221;<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Mr Malinauskas said there were &#8220;definitely days, not weeks&#8221; left to save the disability employment provider.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;That&#8217;s why now is the time, more than ever, to get a sale finalised,&#8221; he said.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;That&#8217;s going to require the support of a number of parties, the South Australian government, the federal government, Bedford, a new buyer but also the National Australia Bank.<\/p>\n<p><img decoding=\"async\" alt=\"Press conference with Premier Peter Malinauskas and Bedford board chair Janet Miller\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/11\/55f1c94388fead37b17a097a75bcf30a\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">Mr Malinauskas previously addressed the media about Bedford entering administration alongside board chair Janet Miller. (ABC News: Tim Morris)<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;This is why we do need a multi-faceted approach; it is complex. These negotiations have been going on for some time.&#8221;<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Bedford had flagged <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2025-07-24\/disability-employment-provider-bedford-voluntary-administration\/105569086\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/105569086\" rel=\"nofollow noopener\" target=\"_blank\">in July that it would enter administration<\/a> before the SA government <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2025-07-27\/sa-government-offers-bedford-financial-lifeline\/105578538\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/105578538\" rel=\"nofollow noopener\" target=\"_blank\">stepped in several days later with a $15 million loan<\/a> in exchange for of one of Bedford&#8217;s supported accommodation sites.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The federal government also <a class=\"Link_link__kR0xA Link_link__5eL5m ScreenReaderOnly_srLinkHint__OysWz Link_showVisited__C1Fea Link_showFocus__ALyv2\" href=\"https:\/\/www.abc.net.au\/news\/2025-10-03\/bedford-federal-government-support-as-hunt-for-buyer-begins\/105847272\" data-component=\"Link\" data-uri=\"coremedia:\/\/article\/105847272\" rel=\"nofollow noopener\" target=\"_blank\">pitched in $4.4 million to keep operations going<\/a> while the search for a buyer continued.<\/p>\n<p>Premier to meet with NAB CEO<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Advisory firm McGrathNicol was appointed to help restructure the business.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">According to its website, Bedford is the second-largest employer of people with disabilities in the nation, and has 22 sites across Adelaide and regional South Australia.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Mr Malinauskas said he would be having a meeting with the National Australia Bank CEO on Friday afternoon.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;I&#8217;m hoping that they will display the same commitment that the state and federal government have about trying to make sure we get a sale realised,&#8221; he said.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;What we don&#8217;t want is going into administration which then results in it going into liquidation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"SA Premier Peter Malinauskas says he will not be going to Brazil for COP negotiations so he can&hellip;\n","protected":false},"author":2,"featured_media":283351,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,151346,19301,99,24484,21188,163667,163666,151345,24805,39493],"class_list":{"0":"post-283350","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-au","9":"tag-australia","10":"tag-balyana","11":"tag-bedford-group","12":"tag-business","13":"tag-disability-employment","14":"tag-disability-provider","15":"tag-disability-support-service","16":"tag-mcgrathnichol","17":"tag-orana","18":"tag-peter-malinauskas","19":"tag-voluntary-administration"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/283350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=283350"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/283350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/283351"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=283350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=283350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=283350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}