Moyola Aged Care as reassured the community there will be no impact on its operations after Banksia Securities was placed into recievership.November 13, 2012 11:52am
Moyola Aged Care has moved to reassure residents, family members and the Tatura community there will be no impact on its operations following the announcement receivers had been appointed to manage Banksia Securities.
The committee of management told The Guardian, in a statement on Friday, that while Moyola had funds invested with Banksia Securities that had been frozen, the bulk of its funds were invested with a bank and all accommodation bonds were secure.
The committee of management said the new Margaret Love wing had been fully paid for and there was no outstanding liability.
‘‘As a committee, we intend to remain informed about the realisation strategy of the receivers and their progress in deciding the level of return to investors, and we will ensure that this information is communicated to our members as it becomes available. Rest assured that Moyola Aged Care remains in a very strong financial position,’’ the statement said.
Assaults and burglaries are the main driver behind a 15.8 per cent increase in crime across Greater Shepparton in the past year, new police statistics show.
The under 16 Pigeons kick started the YFNC's finals campaign with a resounding victory over the Paul Spargo led Scots College in the Grand Final of the AWJFL Elwyn Langford Shield at the Albury Sports Ground on Sunday.
Greater Shepparton City Council was successful in securing the National Cutting Horse Association Victorian Futurity Cutting Horse Championships for 2014 and 2015, with this year’s event scheduled from September 10-14 at Tatura Park.
The Timbercutters will instead host the 2015 grand final.
Julie Sands and Sheridan Clark have been kept busy, visiting Rochester recently yo dispense free coats to residents.
Book Week gets colourful turnout.
Football high-flyer Travis Auld gave a fascinating insight into AFL at one of his old haunts on Saturday night.
Jerilderie Shire deputy mayor Ruth McRae handed the key over for the new Rural Fire Service station last Friday.
Primary schools celebrated Book Week last week.
As Victorian election approaches Member for Murray Valley Tim McCurdy fires opening salvos against opponents so far.
Public interest to determine Deniliquin Town Hall refurbishment.
Milk co-operative, Murray Goulburn has posted a record financial result, recording an after tax profit of $29 million.
Ms Malcolm says many people would rather the seat of Euroa was a marginal seat so it would attract more attention and funding.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.