The South Australian branch of the RSL has been placed into voluntary administration after struggling with rising costs and declining revenue.
The veterans organisation says it decided to take the step at a board meeting last week, following a review of the SA branch’s troubled finances.
The decision was then unanimously supported by the branch’s president Tim Hanna and board at their own meeting on Wednesday.
RSL National President Robert Dick says legal firm Rodgers Reidy has been appointed to lead a “complete restructure” of the branch.
“To ensure we can continue to support our members, veterans in the community and the SA sub-branches and maintain our support in line with our objectives,” he said in a statement.
Mr Dick said the adm…
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