About a third of $96m ACBF-Youpla victim support scheme to be spent on administration
National Indigenous Australians Agency and Services Australia will receive about $30m to run program for Aboriginal victims of predatory funeral fundFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAlmost a third of the federal government’s $96m support scheme for the thousands of Aboriginal people who fell victim to the predatory funeral fund insurer ACBF-Youpla will be chewed up by its own administration.According to documents published on the government’s AusTender site on Thursday, the “maximum” amount it is likely to pay to the 13,700 affected policyholders is $66.6m.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
National Indigenous Australians Agency and Services Australia will receive about $30m to run program for Aboriginal victims of predatory funeral fund
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
Almost a third of the federal government’s $96m support scheme for the thousands of Aboriginal people who fell victim to the predatory funeral fund insurer ACBF-Youpla will be chewed up by its own administration.
According to documents published on the government’s AusTender site on Thursday, the “maximum” amount it is likely to pay to the 13,700 affected policyholders is $66.6m.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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