Melbourne aged care facility goes into administration with $4M in debts residents lose bonds
The Victorian Government regulated Supported Residential Service (SRS) facility Mentone Gardens, which provides respite and care, has appointed an administrator, with $4M in debts. It appears that bonds were not placed in trust accounts and bonds...
The Victorian Government regulated Supported Residential Service (SRS) facility Mentone Gardens, which provides respite and care, has appointed an administrator, with $4M in debts. It appears that bonds were not placed in trust accounts and bonds ranging from $150,000 to $400,000 are reported to have been lost. This leaves the residents with challenges in funding new care placements. Consumer groups are questioning the oversight role of the Victorian government.
