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Kiama council to offload ‘Rolls-Royce’ retirement home to avoid insolvency
Kiama council has agreed to promote its Blue Haven aged care business after a economic audit revealed its working expenses threaten to plunge the council into insolvency. Key details: Kiama council agrees to market its Blue Haven aged treatment enterprise A forensic audit shows the price tag of managing the property threatens the council’s solvency Councillors provided a issue to guard treatment expectations and workers’ problems A forensic assessment of Kiama Municipal Council’s funds relationship again to 2016 was tabled at a private amazing council meeting on Thursday. An earlier review of council finances urgently named for it to raise its hard cash stream by $20 million a year. The audit revealed the…