Review Finds RSL Victoria in a ‘Precarious Financial Position’, Restructure Urged to Function Well

A photo taken in Melbourne on April 13, 2011, shows a general view taken inside a gaming venue with poker machines. WILLIAM WEST/AFP via Getty Images

A review of RSL Victoria (The Returned and Services League, Australia) has found the organisation is in a “precarious financial position” and must be restructured if it is to function properly.

The discussion paper, by accounting firm Ernst and Young(EY), says RSL Victoria has reached a “tipping point.”