Particle.news

Download on the App Store

NSW Minister Names Allambi Care and Orders 20% Rent Mark-Up Scheme Shut

A 2027 ban follows auditors’ finding of $4.1 million unaccounted.

Image
Image

Overview

  • At a budget estimates hearing, Families Minister Kate Washington identified Allambi Care as the provider in a parliamentary report and directed the staff property scheme to cease with the 20% rent mark-up removed.
  • Contract variations have been issued to providers, and the government says the practice will be explicitly prohibited by the end of current contracts in mid-2027.
  • A review found $4.1 million unaccounted and reported the scheme largely benefited senior leaders through rent mark-ups, maintenance coverage and payment of water and council rates.
  • The initiative ran for more than a decade at one of NSW’s largest out-of-home-care providers, which receives about $76 million a year, with staff-owned properties making up over 10% of leased housing.
  • Allambi says it supplied transaction records dating to 2014, moved to end the program once concerns were raised, rejected misuse allegations and reported no child-safety or welfare issues.