About a third of $96m ACBF-Youpla victim support scheme to be spent on administration
by Lorena Allam and Christopher Knaus from World news | The Guardian on (#6MHBA)
National Indigenous Australians Agency and Services Australia will receive about $30m to run program for Aboriginal victims of predatory funeral fund
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Almost a third of the federal government's $96m support scheme for the thousands of Aboriginal people who fell victim to the predatory funeral fund insurer ACBF-Youpla will be chewed up by its own administration.
According to documents published on the government's AusTender site on Thursday, the maximum" amount it is likely to pay to the 13,700 affected policyholders is $66.6m.
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