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Development

Only in SATURDAY – the real reason aged care beds are hard to find

1 min read

The Department of Health and Aged Care puts occupancy at 86.2%. Our investigations differ.

To find out why, subscribe to our premium digital magazine SATURDAY HERE.

Top Stories
Acquisitions

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham
24 Apr 2024
Opinion

Shared Care closer than we may think for retirement villages – will independent living fade away?

Over the weekend I was trawling through the slide deck of the Department of Health and Aged Care webinar in February discussing the future direction of Home Care and Support at Home. Hidden on about slide 46 was the clipping above which clearly...

Chris Baynes
30 Apr 2024
Opinion

Three big questions the Budget must answer for aged care sector executives to move forward. Time for bravery?

With the Federal Budget now just 12 days away, there remains several unanswered questions that are weighing on boards and executives across the aged care sector. Despite the Aged Care Taskforce, chaired by the Aged Care Minister Anika Wells, handing...

Lauren Broomham
02 May 2024
Government Policy

Aged Care Minister Mark Butler’s big change for residential aged care

The Minister for Health and Aged Care Mark Butler announced during the week that pharmacists will be funded by the Government to go into residential aged care homes and deliver vaccines to residents for free, a measure that was previously only...

Caroline Egan
24 Apr 2024
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Acquisitions

Aspen Group ups its offer to buy seniors rental operator Eureka

Aspen offered 0.28 of its own shares for every Eureka share, in a best-and-final bid that has no minimum acceptance conditions and runs until 28 May. It’s an increase from the 0.26 ratio it offered earlier, which has been rejected by the board and...

Ian Horswill
02 May 2024
Acquisitions

Lifestyle Communities buy land for 740 more homes as home sales fall by 16% as customers struggle to sell their homes

Co-Founder and Managing Director James Kelly said the business had bought three pieces of land named in the $275 million capital raising presentation in February 2024. “Subject to successful completion of due diligence and execution of binding...

Ian Horswill
29 Apr 2024
Acquisitions

Corless Group buy land approved for a Country Club Living retirement village

The 24ha site in Warrnambool, a city on the Great Ocean Road, 265km southwest of Melbourne’s CBD, had approval in December 2022 to become Warrnambool Shores Country Club, the 11th such development from Stewart Gull’s Country Club Living. The site...

Ian Horswill
29 Apr 2024
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