APM Workcare takes riskier tranche in social bond pilot

Paul McBeth
Fri, 07 Apr 2017

By Paul McBeth April 7 (BusinessDesk) - APM Workcare took on the riskier tranche of debt in the government's pilot social bond, which officials see as indicating the Australian-owned vocational rehabilitation and disability services firm's confidence in delivering a successful programme. The local unit of the Perth-based company was announced as the operator of the government's pilot social bond scheme in February, tasked with supporting people with moderate mental health issues back into the workforce. The five-year programme aims to pl...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News via email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

My Net Worth FREE

My Net Worth: Zac Stephenson, managing director, MediaCom

Daniel Dunkley | Sun, 03 Jul 2022

MediaCom managing director Zac Stephenson says he's proud of surviving in the media industry, which can be stressful and intense.

Finance FREE

Money Answers: what's the best share investing strategy in a recession?

Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us.

On the Money

On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more

Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

APM Workcare takes riskier tranche in social bond pilot

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team