Disability employment provider Bedford will avoid entering voluntary administration for now, with the state government offering a $15 million lifeline to the organisation.<\/p>\n
Bedford had flagged on Thursday<\/a> that it would enter administration on Sunday unless it was given a financial lifeline.<\/a><\/p>\n Premier Peter Malinauskas said a “comprehensive” rescue plan has now been developed to “stave-off” the organisation going into administration.\u00a0<\/p>\n Bedford has 22 sites across Adelaide and regional South Australia.<\/p>\n It is understood the organisation employs over 800 staff and supports 1,400 people living with a disability.<\/p>\n “It was not an acceptable proposition from the South Australian government’s perspective that Bedford would go into administration this morning,” Mr Malinauskas said.<\/p>\n “Had Bedford gone into administration this morning, it would have been done in an unplanned way without any contingencies in place for the South Australians we care about most.”<\/p>\n Mr Malinauskas said Bedford’s chief executive officer, Myron Mann, has resigned.<\/p>\n Loading<\/p>\n","protected":false},"excerpt":{"rendered":"Disability employment provider Bedford will avoid entering voluntary administration for now, with the state government offering a $15…\n","protected":false},"author":2,"featured_media":21685,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[12711,16397,16391,16396,84,4226,16392,1371,16393,16394,16395,56,54,55],"class_list":{"0":"post-26273","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-bedford","9":"tag-bedford-bailout","10":"tag-bedford-industries","11":"tag-bedford-lifeline","12":"tag-business","13":"tag-disability","14":"tag-disability-employment","15":"tag-jobs","16":"tag-people-with-disability","17":"tag-sa-government","18":"tag-sa-government-bedford","19":"tag-uk","20":"tag-united-kingdom","21":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/26273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=26273"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/26273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/21685"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=26273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=26273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=26273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}