The Weekly SOURCE

Land lease operator Lincoln Place gears up for ASX listing or $1B sale

In just six years, Nick Collishaw and Ben Hindmarsh have built Lincoln Place into one of the fastest-growing land lease operators, with 24 lifestyle communities across NSW, Victoria, Queensland and the ACT, housing 2,000 residents and a pipeline of around 4,500 dwellings.

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Ian Horswill

15 Sep 2025

Community Living

Stockland’s Halcyon brand emerges as runaway land lease leader

When Tarun Gupta took over as Stockland CEO in July 2021, he staked his name on land lease communities with a bold $620 million acquisition of Queensland’s Halcyon Group. The move trumped rival offers from Ingenia Communities and Serenitas – and cemented Stockland’s ambition to dominate “the fastest growing lifestyle segment – the Over 50s market.”

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Ian Horswill

15 Sep 2025

Community Living

Ageing Australia CEO says 10-person retirement living team “not enough”

Ageing Australia CEO Tom Symondson says the peak body is expanding its retirement living capability to meet surging sector demand but admits its current 10-person team is “not enough.”

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Ian Horswill

15 Sep 2025

In the Headlines

Macquarie-backed Millbray enters land lease market with $2.9B fund and 5,000-home target

Macquarie Asset Management has officially unveiled Millbray, a new vertically integrated land lease communities group, with plans to deliver at least 5,000 homes along Australia’s eastern seaboard.

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Ian Horswill

09 Sep 2025

Mergers & Acquisitions

Brookfield offloads Aveo, targets US$10B American seniors housing giant

Fresh from selling Aveo for $3.85 billion, Brookfield Asset Management is looking to spend more than US$10 billion (A$15 billion) acquiring Yes! Communities, a major US manufactured home operator owned by Singapore’s sovereign wealth fund GIC.

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Ian Horswill

15 Sep 2025

News & Headlines

SATURDAY is your water cooler talking point: Odyssey’s new direction

When Odyssey Lifestyle Care Communities began planning its $150 million Chevron Island project, it leaned on trusted tier-one contractors. For its future pipeline, the operator is taking a new path. CEO Aaron Lavell talks exclusively to SATURDAY...

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Ian Horswill

15 Sep 2025

Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

After buying 50% of LDK Senior’s Living from Cromwell Property Group in November 2022, Anglicare CEO Simon Miller is going all in on private aged care. Speaking at the DCM Group’s Ask the Visionaries’ Anything breakfast forum at...

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Group Editor

05 May 2023

Government Policy

Senate Inquiry into aged care service delivery deadline extended to October

The Senate Inquiry into Aged Care Service Delivery has been granted a two-week extension, with its final report now due on 1 October 2025 – just a month before the new Aged Care Act and Support at Home program begin.

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Caroline Egan

15 Sep 2025

Mergers & Acquisitions

LDK Seniors’ Living enters QLD with Brisbane bayside acquisition

LDK Seniors’ Living has secured its first Queensland site, purchasing a 2.1ha landholding in the bayside suburb of Brighton, 27.9km north of Brisbane’s CBD, from the Uniting Church.

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Ian Horswill

15 Sep 2025

In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

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Ian Horswill

15 Sep 2025

Development

Bocina Group unveils first land lease community in QLD’s Lockyer Valley

Gold Coast-based Bocina Group has lodged plans for its first land lease community, a 267-home project in Gatton in Queensland’s Lockyer Valley.

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Ian Horswill

15 Sep 2025

Community Living

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In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

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Ian Horswill

Mergers & Acquisitions

LDK Seniors’ Living enters QLD with Brisbane bayside acquisition

LDK Seniors’ Living has secured its first Queensland site, purchasing a 2.1ha landholding in the bayside suburb of Brighton, 27.9km north of Brisbane’s CBD, from the Uniting Church.

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Ian Horswill

Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

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Ian Horswill

Community Living

Ageing Australia CEO says 10-person retirement living team “not enough”

Ageing Australia CEO Tom Symondson says the peak body is expanding its retirement living capability to meet surging sector demand but admits its current 10-person team is “not enough.”

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Ian Horswill

Mergers & Acquisitions

Land lease operator Lincoln Place gears up for ASX listing or $1B sale

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Ian Horswill

Community Living

Stockland’s Halcyon brand emerges as runaway land lease leader

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Ian Horswill

News & Headlines

SATURDAY is your water cooler talking point: Odyssey’s new direction

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Ian Horswill

Aged Care

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Government Policy

Senate Inquiry into aged care service delivery deadline extended to October

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Caroline Egan

15 Sep 2025

Government Policy

Government confirms AN-ACC price rise and 42% hotelling supplement boost

The Albanese Government has confirmed new funding increases for residential aged care from next month – including a significant 42% jump in the hotelling supplement. From 1 October 2025, the Australian National Aged Care Classification (AN-ACC)...

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Lauren Broomham

12 Sep 2025

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

Australia’s largest aged care operator, Opal HealthCare, has added three more homes to its Victorian footprint after completing the acquisition of Australian Aged Care Group (AACG) on 1 September 2025.

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Caroline Egan

09 Sep 2025

Government Policy

Aged care providers wait for AN-ACC price decision – again

12 months after the Government gave operators just two weeks’ notice of an increase in the Australian National Aged Care Classification (AN-ACC), providers are once again left on tenterhooks. In December 2023, then-Minister for Aged Care Anik...

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Lauren Broomham

11 Sep 2025

Government Policy

Aged Care Minister writes to remind providers of staff training obligations

The Minister for Aged Care Sam Rae has written to aged care providers reminding them of their legislated requirement to ensure staff receive training, including rostered paid time to fulfil the obligation.

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Caroline Egan

11 Sep 2025

Aged Care

“Hope is not a strategy” – Tom Symondson warns aged care sector

The clock is ticking to 1 November. With the new Aged Care Act just weeks away, Ageing Australia CEO Tom Symondson has a blunt message: optimism isn’t enough. In an exclusive interview with SATURDAY, Tom named three hurdles that providers must...

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Lauren Broomham

11 Sep 2025

Opinion

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Government Policy

Pocock: Rationed home care “doesn’t make sense”

Following his Senate victory last week that forced the Government to commit to immediately releasing 20,000 Home Care Packages, ACT Senator David Pocock says he will continue to hold the Government to account on aged care.

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Caroline Egan

10 Sep 2025

Living with Dementia

Westmont CEO: “This is the hardest I’ve found aged care in 15 years”

“I’ve been working in aged care for 15 years directly and this is the hardest I’ve found it,“, says Tony Dunn, CEO Westmont Aged Care Services in Baranduda, Victoria. He has secured bank financing after twice being rejected by the Australian Government for grants to fund 30 dementia care beds.

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Caroline Egan

10 Sep 2025

Home Care

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Government Policy

Aged Care Minister writes to remind providers of staff training obligations

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Caroline Egan

11 Sep 2025

Government Policy

Pocock: Rationed home care “doesn’t make sense”

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Caroline Egan

10 Sep 2025

Home Care

60% of CHSP clients still waiting on Home Care Packages, warns Community Vision CEO

Perth-based Not For Profit provider Community Vision says nearly 450 of its customers remain stuck on waitlists for Home Care Packages, despite being assessed as needing higher levels of care.

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Caroline Egan

10 Sep 2025

Saturday

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DIGITAL EDITION

Saturday

Issue 107 | The private aged care takeover begins

Issue 106: Is BaptistCare writing the roadmap for Not For Profit consolidation?

Issue 105: Dementia innovator’s new direction

Issue 104 | Simon Owen - The winning formula

Issue 103 | Tough but fair: The 2025 Mid-Year Review

Issue 102 | Do you care? 130,000 begging for home care and waiting 17-plus months

Issue 101 | Plan T: Transform or collapse

Issue 100 | Plan T: Transforming the ageing journey

Issue 99 | The fight to save regional aged care

Issue 98 | The $150 billion shift: why assisted living is back

Issue 97 | Fixing aged care: providers leading the way

Issue 96 | Is aged care ‘fixed’?

Lauren Broomham

11 Apr 2025

Conversation at the Wharf

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Partnering With Westpac

January–June 2025 Aged Care & Retirement Living Sector Review: Key Developments, M&A Activity, and Emerging Trends

Introduction Australia’s aged care and retirement living sectors experienced significant transformation in the first half of 2025, driven by landmark Government reforms, increased regulatory scrutiny, and strong market activity, including mergers...

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Lauren Broomham

Partnering With Westpac

Westpac Leading Conversations at the Wharf: industry leaders share vision for the future of care in retirement living

Three leading operators in the over 50s retirement living market have spoken about where the sector is heading at the latest Westpac Leading Conversations at the Wharf held in Fortitude Valley, Brisbane. The event featured: Glen Brown, Co-Founder...

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Ian Horswill

Retirement and Community Living

Westpac Leading Conversations: Will Baby Boomers pay for additional village care beyond Home Care Packages?

The third video from the Westpac/DCM Group lunch in Adelaide gives great insight into where retirement living is heading as the need for care services in retirement villages rises. The question: Will Baby Boomers pay for additional village care...

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Ian Horswill

Partnering With Westpac

“Are you going to increase your village staffing, with the emphasis on care?” Westpac Leading Conversations in Adelaide

DCM Group CEO Chris Baynes at the latest Westpac Leading Conversations at the Wharf in Adelaide asked “Are you planning to increase your village staffing?” David Moran, CEO of Southern Cross Care SA, NT & VIC; Jenny Hall, CEO of Uniting S...

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Ian Horswill

Spotlight Sponsored Content

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Spotlight

They say quality is never an accident – it’s a habit.

By Daniel Gannon In Australia’s retirement living sector, we want to see quality all-round, all the time, in all villages, across all jurisdictions, and our goal is very much intentional We know quality equates to happier, healthier communities...

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Sasja Bouwman

DIGITAL EDITION

SATURDAY Issue 72

Risky business: the challenge of dementia in the retirement village

With an increasing number of retirement village residents living with some form of cognitive impairment – and few avenues for operators to move them to higher-level care – how can village operators protect themselves and their communities? With...

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Lauren Broomham

DIGITAL EDITION

SATURDAY Issue 71

Does this look like an aged care facility to you? Why this provider wants more people living with dementia to stay at home

With people living with dementia for an average of 10 to 12 years, more Australians than ever are living with dementia at home – is it time for a rethink of the ageing journey? People living with dementia can live well at home, but it requires...

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Lauren Broomham

DIGITAL EDITION

SATURDAY Issue 70

From the top down: why dementia is now core business for village operator Keyton

The math doesn’t lie. Retirement villages are seeing an increase in the number of residents living with dementia – so how can operators get on the front foot? With the average age of retirement village residents now 81, and one in three...

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Lauren Broomham

What's On

See more events

12 Nov

Village Summit 2025 | Wellbeing, done well

12th November

Wednesday, 8:00am - 3:30pm

24 Mar

Leaders Summit 2026

24th - 25th March

Development

View all

Community Living

Stockland’s Halcyon brand emerges as runaway land lease leader

Click here

Ian Horswill

Development

Bocina Group unveils first land lease community in QLD’s Lockyer Valley

Gold Coast-based Bocina Group has lodged plans for its first land lease community, a 267-home project in Gatton in Queensland’s Lockyer Valley.

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Ian Horswill

Development

Uniting gets go-ahead for 152-unit Shellharbour development

Uniting NSW.ACT has secured approval for the first stage of its new Shellharbour development, which will deliver 152 independent living apartments and assisted living services in the Illawarra, about 100km south of Sydney’s CBD.

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Ian Horswill

Development

Summerset’s second continuum of care village takes shape in Melbourne’s Chirnside Park

New Zealand-based operator Summerset Group has provided an update on its $146 million retirement community under construction in Chirnside Park, 38km east of Melbourne’s CBD.

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Ian Horswill

Government

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Government Policy

Senate Inquiry into aged care service delivery deadline extended to October

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Caroline Egan

Government Policy

QLD sets December start for new land lease contracts and re-sales

The Queensland Government has confirmed that new site agreements and re-sale processes for land lease communities will take effect from 6 December 2025.

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Ian Horswill

Government Policy

Property Council urges Cessnock to ease path for senior housing

The Property Council of Australia has called on Cessnock City Council in the NSW Hunter Valley to take bold action to unlock more housing choices as the region, 154km north of Sydney, continues to grow at record pace.

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Ian Horswill

Government Policy

Government confirms AN-ACC price rise and 42% hotelling supplement boost

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Lauren Broomham

Government Policy

Aged care providers wait for AN-ACC price decision – again

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Lauren Broomham

Government Policy

Aged Care Minister writes to remind providers of staff training obligations

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Caroline Egan

Aged Care

“Hope is not a strategy” – Tom Symondson warns aged care sector

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Lauren Broomham

Government Policy

Pocock: Rationed home care “doesn’t make sense”

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Caroline Egan

Home Care

60% of CHSP clients still waiting on Home Care Packages, warns Community Vision CEO

Perth-based Not For Profit provider Community Vision says nearly 450 of its customers remain stuck on waitlists for Home Care Packages, despite being assessed as needing higher levels of care.

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Caroline Egan

Housing News

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Housing News

RAAFA WA to build Andrew Russell Veteran Living in Perth after funding secured

Construction is now underway on a dedicated facility to temporarily house veterans at risk of homelessness, following a sod-turning ceremony in Cannington, Perth’s southern suburbs.

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Ian Horswill

Housing News

SA Govt ramps up housing for vulnerable older women

South Australia’s Department for Housing and Urban Development is investing in more housing options for vulnerable older women, with three significant projects underway or recently completed in Adelaide.

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Ian Horswill

Community Living

Bendigo seniors’ housing rebuild kicks off with VIC Govt funding

Victoria Premier Jacinta Allan has marked the start of construction on VincentCare Community Housing’s seniors’ living redevelopment in Bendigo, part of the State Government’s Big Housing Build and Regional Housing Fund.

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Ian Horswill

Housing

Build to Rent booms on Govt largesse, while retirement living left behind

Retirement villages remain “all intent and purposes” full – yet the sector continues to face massive hurdles with redevelopment and access to land for new projects.

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Ian Horswill

Housing News

Aspen smashes FY25 guidance

Aspen Group, led by Joint Chief Executives John Carter and David Dixon, has once again proved itself to be the unassuming hero of affordable housing.

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Ian Horswill

Housing

Summerhill Village in West Footscray, Melbourne, for women over 55, opens

Summerhill Village is an innovative, purpose-built social housing project designed for older women to live independently and age in place while enjoying the benefits of community living. Jointly owned by Not For Profit United Housing Co-operative...

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Ian Horswill

Housing

Juniper drives 2,500km solution: modular homes for aged care staff in the Kimberley

A convoy of trucks rolled into Fitzroy Crossing on Sunday, 10 August, carrying long-awaited modular homes that will provide accommodation for staff at Juniper’s Guwardi Ngadu Residential Aged Care Home.

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Caroline Egan

Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

Uniting NSW.ACT has received $1.75 million from the Australian and NSW Governments to deliver energy-efficient upgrades – including hot water heat pumps, reverse-cycle air conditioners and solar panels – across 300 of its community housing units.

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Ian Horswill

Sector Moves & People

Catholic Health Australia CEO Jason Kara resigns

After two years leading the peak advocacy body for Australia’s largest non-government group of health, aged and community care services, Jason Kara has announced his resignation.

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Ian Horswill

Housing

Older women targeted for affordable housing plan in Melbourne’s southeast

Community Housing Ltd has proposed a 13-storey apartment tower in Dandenong, 29km southeast of Melbourne’s CBD, offering 86 homes for vulnerable groups. The application, prepared by Squareback Planning and designed by Cera Stribley, for a Ministerial Permit states the proposed development would target older women experiencing homelessness, veterans at risk of homelessness, victims of family and domestic violence, and frontline workers employed locally.

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Ian Horswill

Community Living

Not For Profit Sylvan Glades plans expansion of retirement village in Yarra Ranges, VIC

Plans are progressing for an expansion of the Sylvan Glades Retirement Village in Monbulk, 42km east of Melbourne’s CBD, with community meetings already held to discuss the proposal.

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Ian Horswill

Housing News

$800 a week, no parking: Mirvac opens fourth BTR in Brisbane

Mirvac has officially opened LIV Anura, its fourth Build to Rent project and first in Queensland, with rents starting at $800 per week for a furnished one-bedroom unit without parking.

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Ian Horswill

Opinion

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Opinion

Is the DMF model dead? Anglicare CEO Simon Miller says yes

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Ian Horswill

Opinion

RIP: We are seeing the death of the family-run aged care operator

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Lauren Broomham

Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

Opinion

Between a rock and a hard place: more Packages won’t fix home care

Aged Care and Seniors Minister Sam Rae and Health Minister Mark Butler have bowed to political pressure, announcing 20,000 additional Home Care Packages will be released before 1 November, with another 20,000 to follow by 2026. It makes for a powerful headline but the truth is uncomfortable.

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Lauren Broomham

Opinion

Retirement villages have Canberra’s attention – now the sector must prove its value

Three years after Daniel Gannon took the reins of the Retirement Living Council (RLC), the sector has achieved something his predecessor Ben Myers was never able to: national recognition in Canberra. This is just the fist step. Retirement villages now need to capitalise on this moment. Here’s how.

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Ian Horswill

Funding

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Housing News

Uniting NSW.ACT secures $1.75M grant for social housing energy upgrades

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Ian Horswill

Government Policy

18,650 social and affordable homes funded as 370 homes repurposed

The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...

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Ian Horswill

Funding

Aspen Group aimed to raise $4M – but could have taken $18M

The ASX-listed affordable accommodation provider, which has 10 active projects, announced a Security Purchase Plan (SPP) on Wednesday, 28 May, offering existing investors the opportunity to acquire up to $30,000 in Aspen Group securities without...

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Ian Horswill

Funding

Land lease operator GemLife’s IPO to surpass Virgin Australia, with 3 July listing confirmed

Adrian Puljich, his father Peter and Singapore diversified company Thakral Corporation opened talks on the possibilility of becoming a publicly listed business in April. A prospectus for the float will be lodged with the Australian Securities and...

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Ian Horswill

Aged Care

“Burdensome and underfunded”: aged care sector tells IHACPA what they think of AN-ACC cost collection

The Independent Health and Aged Care Pricing Authority (IHACPA) has released a 46-page report outlining the feedback received from the sector in the latest round of consultations on their pricing methodology. IHACPA received submissions from...

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Caroline Egan

Funding

Aspen Group raises $70M, launches bid for additional $4M in capital raise

The ASX-listed affordable accommodation provider – known for owning all its properties and projects – announced a Security Purchase Plan (SPP) on Wednesday (28 May), offering existing investors the opportunity to acquire up to $30,000 in Aspen securities without incurring broker fees, commissions, or other transaction costs.

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Ian Horswill

Funding

Aspen touts 20% return on invested capital at property investor event

The ASX-listed affordable housing provider has revealed strong performance metrics, highlighting a 20% return on invested capital across its portfolio of more than 1,500 sites in 10 communities. Speaking at Barrenjoey’s Emerging Property Companies...

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Lauren Broomham

Funding

Mareeba Community Housing Co granted extension to management of Community Housing for Seniors

The community at the base of Cape York Peninsula in Far North Queensland has more than 300 locals, including seniors, currently vulnerable to homelessness. Mareeba Community Housing Company (MCHC), which was given a three-year extension to its...

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Ian Horswill

Funding

Macquarie Bank reduces its substantial stake in Ingenia Communities

The global financial services group has continued to reduce its stake in the owner/operator of land lease and rental communities and holiday parks. Macquarie Bank had a significant voting power of 10.92% in April last year, but the substantial...

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Ian Horswill

Sector Moves/People

John Innes departs club/retirement living JV group Pariter with Tom Roche assuming CEO position

After five years establishing Pariter and creating a pipeline of joint ventures with community and golf clubs, John Innes has handed the CEO role to Tom Roche. John Innes Tom has led numerous large real estate and infrastructure transactions for...

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Ian Horswill

Funding

GemLife’s owners look at becoming a public company for second time

Adrian Puljich and Singapore’s Thakral Corporation have reached out to JPMorgan and Morgan Stanley to set up introductory meetings with listed equities investors to see if there is sufficient interest in an Initial Public Offering for GemLife...

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Ian Horswill

Funding

David Di Pilla sells substantial part of his 8% stake in Ingenia Communities

The HMC Capital Managing Director has sold down its stake as it raised $150 million to its balance sheet as it prepares to buy Brookfield Asset Management’s Healthscope, the second largest operator of private hospitals in Australia. David Di Pill...

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Ian Horswill

News & Headlines

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In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

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Ian Horswill

News & Headlines

SATURDAY is your water cooler talking point: Odyssey’s new direction

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Ian Horswill

In the Headlines

Macquarie-backed Millbray enters land lease market with $2.9B fund and 5,000-home target

Macquarie Asset Management has officially unveiled Millbray, a new vertically integrated land lease communities group, with plans to deliver at least 5,000 homes along Australia’s eastern seaboard.

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Ian Horswill

Government Policy

Government confirms AN-ACC price rise and 42% hotelling supplement boost

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Lauren Broomham

Out of the Ordinary

SATURDAY knows the future: No RAC, no DMF – the future of retirement living

Scalabrini CEO Richard de Haast is rewriting the rules with Harbourside, a $60 million waterfront project that swaps outdated funding models and RAC beds for customer choice, future-proofed apartments and private care safety nets. Why is this...

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Lauren Broomham

News & Issues

“No shower for three months”: Morrie, 79, and Letitia, 89, on the long wait for home care

When Letitia Mitchell’s care needs began to increase in January this year, her husband, Morrie, arranged to have her assessed for home care. Letitia was approved for CHSP support, and a cleaner began providing help at their home in Townsville...

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Caroline Egan

Government Policy

Hall & Prior CEO Graeme Prior AM requests $100M in low-interest loans annually to help solve bed crisis

Graeme Prior, CEO of family-owned Hall & Prior, called on the Government of Western Australia to offer its $100 million low-interest loan facility annually, to help aged care providers meet the incoming surge in demand for aged care beds from Baby Boomers.

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Caroline Egan

Health

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Technology

The Pure Food Co launches internationally-inspired specialised texture modified meals for aged care

With new aged care quality standards set to force operators to provide greater choice at meal times, the nutrition technology innovator has launched a range of internationally-inspired specialised meals to give every resident a taste of home. The...

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Ian Horswill

Ageing

SATURDAY sounds the alarm: Dementia is ‘galloping’ through retirement villages

Dementia rates in villages are climbing fast – but with limited staff, legal barriers to moving residents, and no clear safety net, operators risk being caught off guard. Where are the biggest risks – and what’s being tried to fix them? Find out in this week’s SATURDAY, our premium digital magazine.

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Lauren Broomham

Sector Moves & People

Former Newcastle Lord Mayor and prominent developer Jeff McCloy dies aged 75

The builder behind Newcastle’s John Hunter Hospital and several major retirement village projects has been remembered for his vision and love of the Hunter Region. He passed away, surrounded by family and friends on Queensland’s Gold Coast, at 1pm...

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Ian Horswill

Technology

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Home Care

60% of CHSP clients still waiting on Home Care Packages, warns Community Vision CEO

Perth-based Not For Profit provider Community Vision says nearly 450 of its customers remain stuck on waitlists for Home Care Packages, despite being assessed as needing higher levels of care.

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Caroline Egan

Technology

Elevator Pitch Mini-series | Designing the future: architecture and construction partners in Aged Care

Facility design directly impacts compliance, operating costs, and resident outcomes. Meet three suppliers delivering projects that balance commercial performance with community benefit. For aged care and retirement living leaders, property is both...

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Group Editor

Aged Care

Lutheran Services expands “proven” aged care nurse practitioner model

The Queensland Not For Profit is doubling down on its nurse practitioner-led aged care model, with new Federal funding set to expand the program across eight sites and provide proof it can ease pressure on hospitals and GPs.

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Caroline Egan

Technology

The Pure Food Co launches internationally-inspired specialised texture modified meals for aged care

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Ian Horswill

Mergers & Acquisitions

View all

In the Headlines

Lifestyle Communities sells Ocean Grove land to pay down debt

ASX-listed land lease operator Lifestyle Communities has finalised the first of four land sales as part of a $114 million divestment program to cut debt.

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Ian Horswill

Mergers & Acquisitions

LDK Seniors’ Living enters QLD with Brisbane bayside acquisition

LDK Seniors’ Living has secured its first Queensland site, purchasing a 2.1ha landholding in the bayside suburb of Brighton, 27.9km north of Brisbane’s CBD, from the Uniting Church.

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Ian Horswill

Mergers & Acquisitions

Brookfield offloads Aveo, targets US$10B American seniors housing giant

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Ian Horswill

Mergers & Acquisitions

Land lease operator Lincoln Place gears up for ASX listing or $1B sale

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Ian Horswill

Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

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Caroline Egan

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

Mergers & Acquisitions

Estia Health expands in Queensland with Vacenti Aged Care buy

Bain Capital-owned Estia Health has struck a deal to acquire Brisbane-based Vacenti Aged Care, adding six established homes and a new development nearing completion in Cleveland to its portfolio.

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Ian Horswill

Not for Profit

National peak body Baptist Care Australia swallowed by BaptistCare

The peak body of the Not For Profit faith-based organisation is no more. Baptist Care Australia (BCA) team has joined the newly merged BaptistCare organisation after the national peak body representing Baptist community service organisations...

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Ian Horswill

The Economy

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Government Policy

“Development pipeline across sector not going to be sufficient for ageing population”

“The development pipeline across the industry is not going to be sufficient for the ageing population,” Tony told the Property Council

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Ian Horswill

Aged Care

Opinion: the next aged care crisis is here

Read more about Australia’s ‘true’ occupancy rate – and the consolidation taking place in the residential care sector in SATURDAY – subscribe here

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Lauren Broomham

Development

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

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

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Caroline Egan

Home Care

Fiji PM hints at reducing PALM worker numbers

The Prime Minister of Fiji, Sitiveni Rabuka, has indicated that the number of unskilled or semi-skilled workers that come to Australia through the Pacific Australia Labour Mobility (PALM) scheme could be cut, which could limit an important source of...

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Caroline Egan

Community Living

New Zealand needs more retirement villages to meet the demand

A new report by real estate firm JLL on the sector across the Tasman Sea has found demand for places is outstripping supply. A total of 36 new villages were added to the development pipeline last year with 452 villages currently providing homes for...

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Ian Horswill

The Weekly SOURCE

Will retirement living operators heed the call in Western Australia?

The state government has said it seeks to collaborate with the property and construction industry to “increase the supply and diversity of social housing”. The Department of Communities states it is particularly interested in submissions that...

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Ian Horswill

Aged Care

IHACPA releases Consultation Paper for aged care funding in 2024–25

The Independent Hospital and Aged Care Pricing Authority (IHACPA) has released its Consultation Paper on the Pricing Framework for Australian Residential Aged Care Services 2024–25 and asking for submissions from relevant stakeholders. The report...

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Caroline Egan

The Economy

ONLY IN SATURDAY: Aveo Group CEO on making serviced apartments profitable

Serviced apartments, or assisted living options in retirement villages, have been a challenge for the retirement living sector. Ageing village serviced apartments with relatively high weekly fees to cover the mandated meals and other services are...

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Caroline Egan

DCM Research

DCM Institute survey: How long Village Managers think they will stay in the role

The DCM Institute survey of 186 retirement village and community managers across Australia asked how long Village Managers intend to stay in the role and why they intend to leave. The survey found that 78% of Village Managers were generally...

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Section Editor

Topic - Aged Care

Anglicare Sydney pledges to reimburse study debt after one year’s service

Anglicare Sydney has launched a new program to support nurses – it will pay off student debt for employee nurses after one year of study. The new program already has more than 100 interested trainee nurses. Anglicare Sydney’s Chief Executive...

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Section Editor

Topic - Aged Care

Even with 15% pay rise, aged care staff are still earning less than their public hospital colleagues

Even after the 15% pay rise, entry level Registered Nurses working in aged care on the Award will still be earning 17% less than their public hospital counterparts. Data provided by the Australian Nursing & Midwifery Federation (ANMF) shows that...

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Section Editor

Topic - Aged Care

15% wage rise won’t deliver financial sustainability to aged care sector: StewartBrown

The aged care accounting firm has released its analysis of the Government’s funding for a 15% wage increase for aged care workers in the Budget – concluding that the extra funding will fail to deliver the financial sustainability that the sector...

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Section Editor

International

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Mergers & Acquisitions

Brookfield offloads Aveo, targets US$10B American seniors housing giant

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Ian Horswill

International

EQT’s Metlifecare lifts profit 25% on record sales

New Zealand retirement village operator Metlifecare – owned by Swedish investment giant EQT – has posted a 25% rise in annual profit and record sales for FY25, as demand for village housing and care continues to accelerate.

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Ian Horswill

International

10 seniors killed in deadliest fire in Massachusetts in over 40 years

Ten elderly people have died from a fire that sewpt through an assisted living home Gabriel House in Fall River, Massachusetts, with many residents in wheelchairs or wearing oxygen tanks. It was the deadliest fire in the state since 1984

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Ian Horswill

International

Macquarie to launch $5B senior housing platform - in the US

Sydney-based Macquarie Asset Management is launching a dedicated senior hiousing platform across the Pacific Ocean. It has linked with Chicage-based Health Wave Partners, a boutique investment firm specialising in high-quality senior housing across...

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Ian Horswill

International

NZ retirement villages take more than 20 years to turn a profit: Grant Thornton

Retirement villages in New Zealand can take more than two decades to become profitable, according to a new study from auditor and advisory firm Grant Thornton. The report, The Path to Profitability, found the average retirement village reaches...

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Ian Horswill

Government Policy

UK aged care faces crisis as immigration rules tighten

If you thought Australia’s aged care sector was doing it tough, spare a thought for our UK counterparts.

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Lauren Broomham

International

New York State Attorney General sues land lease operator over water so polluted residents have to boil it

New York Attorney General Letitia James last Thursday filed a lawsuit against River Valley Estates, LLC (River Valley), a mobile home park in Sullivan County, and its operators, George Levin and Gayla Sue Levin, for years of failing to maintain...

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Ian Horswill

International

EQT’s Metlifecare increases retirement village portfolio by 50% in 3.5 years

Since leaving the New Zealand stock exchange in 2020 when Swedish private equity firm EQT took over the business, the Auckland-based operator has been transformed by its five-year Full Potential Plan initiated in 2021. “We really have gone through...

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Ian Horswill