NSW Government unlikely to receive $300,000 Kontented loan repayment, agency in liquidation

The NSW Government’s deputy premier John Barilaro has said it is possible the government will not get back the $300,000 investment it gave to agency Kontented as part of a Jobs for New South Wales loan.

According to information from Jobs for NSW granted under the Government Information (Public Access) Act 2009, Kontented had defaulted on its $300,000 accelerating growth loan and converted to a regional growth loan on December 21 2017.

Kate Edwards, founder of Kontented, told Mumbrella the company was ‘reinvesting’ in December last year