Overview

• Bedford will formally enter voluntary administration on July 27 after failing to secure new working capital from the Commonwealth.
• The decision puts at risk services and employment for about 1,400 people with disabilities across South Australia and its 1,650-strong workforce.
• Despite a balance sheet showing $47 million in net assets, cashflow pressures persisted under NDIS funding shortfalls.
• Negotiations with state and federal governments and banking partner NAB collapsed when the federal government refused additional aid after providing $43 million since April 2024.
• The United Workers Union cautions that Bedford’s administration threatens to deepen a sector-wide financial crisis among disability service providers.