More than a hundred amusement ride operators in Logan are sweating on the small business ombudsman’s pending decision on an industry-wide application for a discretionary mutual fund, which could pull them out of an insurance crisis.
The last public liability insurer withdrew in May, putting operators around the nation in jeopardy and forcing some to close indefinitely.
The Australian Amusement Leisure & Recreation Association has been lobbying to the ombudsman over the last six months to establish the mutual fund to fill the void of insurers.
On November 3, the peak body made their final submission.
AALARA general manager Kristy Ahrens said the ombudsman said they have done everything they can and that the ombudsman seemed supportive of their submission.
“We anticipate possibly a two-week window where the ombudsman’s team will go through all the submission and provide their final report to [federal] government,” she said.
“From the interim report, the ombudsman seems supportive.”
The Showman’s Guild of Australasia estimates more than 100 amusement ride operators existing in Logan would be impacted by the decision.
(QUOTE FROM AARON PINK TO COME)
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