Governance concerns persist at Many Rivers

The Registrar of Indigenous Corporations, Selwyn Button, has again placed the Many Rivers Regional Housing Management Services Aboriginal Corporation (Many Rivers) under special administration, supported by the NSW Aboriginal Housing Office.

Many Rivers’ main business activity is to provide an affordable housing service to Aboriginal and Torres Strait people throughout the Macleay Valley, New South Wales. The corporation was previously placed under special administration from April to November 2018 and underwent significant transformation to address a range of governance concerns.

Strong governance and risk management rely on robust and effective working relationships between the separate groups within a corporation. Unfortunately Many Rivers is experiencing some turbulence among the key groups and its key stakeholders have raised serious concerns about governance and ongoing stability.

‘When corporations are recovering from a challenging experience or significant change it can take some time to stabilise governance and operations,’ Mr Button said. ‘This is one of the reasons my office continues to monitor corporations after a special administration ends. We are better placed to respond and provide support if the need arises.’

‘The provision of affordable housing for Indigenous people across the Macleay Valley is an essential service for the local community. Without strong governance and sound decision-making processes occurring in local housing corporations there is a real risk that these services will be lost to local people,’ he added.

‘This is why I have appointed a special administrator to ensure appropriate responses are put in place to rectify these issues.’

The Registrar has appointed Mr Peter McQuoid of PDM Consultancy as special administrator until 10 May 2019.

Background

See the Registrar’s previous media releases:

Media contact

Lisa Hugg (02) 6146 4738 or 0477 762 290

ORIC MR1819-10

11 February 2019