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.
Coca-Cola Amatil has confirmed it will be pressing on with its $100 million redevelopment of SPC Ardmona.
Beautiful weather greeted Tungamah residents for the 18th running of the Tungamah Lions Ten Thousand on Sunday.
When Keith and Marion Grumley and their growing family moved to Tatura on January 18, 1968, little did they know that it would be the start of a long and lasting connection to the town.
A snake was spotted this afternoon.
Rochester Rotary Club has celebrated its 50th birthday in style.
Sorting future of Campaspe pools
A theatre production with a difference is coming to Seymour.
Local athletes will go head-to-head with some of the best competitors from around the world in swimming and athletics in December.
District residents and visitors will be able to enjoy some of the region’s most beautiful private gardens on Sunday.
The 116th annual Cobram Show went off with a bang at the weekend, drawing in crowds from far and wide for two days of fun.
Tomorrow is a Total Fire Ban day in Deniliquin, meaning no fires can be lit in the open and all fire permits are suspended.
Fifty new full-time jobs will be created at Tatura with a multimillion-dollar expansion of the abattoirs expected to be announced today.
Remembering Australian political giant Gough Whitlam who once called on Benalla police to stop then Treasurer Frank Crean on his journey up the Hume to phone the PM.
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