The Weekly SOURCE

Aged Care Minister announces financial support for providers to help with reforms

Aged Care Minister Anika Wells has announced Government support for aged care providers to help them implement the once-in-a-generation reforms that are due to take effect in less than eight months’ time. In Senate Inquiry hearings and submissions...

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Caroline Egan

17 Nov 2024

Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

Today, Shadow Minister for Aged Care Senator Anne Ruston on behalf of the Opposition has tabled 10 amendments to the Aged Care Bill 2024 in the Senate.

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Caroline Egan

20 Nov 2024

Government Policy

Government scraps its controversial cleaning and gardening caps for Support at Home

The Albanese Government has announced a backflip on plans to impose a 52-hour per year cap on cleaning and 18-hour per year cap on gardening for recipients of Support at Home services. The plan, contained in the Aged Care Bill 2024 released for...

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Caroline Egan

19 Nov 2024

Development

Arcare set to complete three new aged care homes within three months

The private operator has confirmed its status as one of the most prolific builders in the aged care sector, with three new developments due for completion in the first half of 2025, including its first in the ACT.

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Lauren Broomham

6 hours ago

Aged Care

Only in SATURDAY: why this regional town demanded a new aged care home

To commit $75 million to a big seniors’ living development in a regional area, you need to be sure that it is what residents want and need. This new entrant says their project is on the money. Flinders Village is a new co-located retirement...

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Lauren Broomham

6 hours ago

Government Policy

Govt’s rules timeline provides some certainty but little comfort for aged care providers

The Department of Health and Aged Care has released a timeline for the release of rules supporting the new aged care legislation, and the periods that the rules will be open for consultation.

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Caroline Egan

6 hours ago

Opinion

Five big unanswered questions from the new Aged Care Bill

The aged care sector is (again) on the brink of historic change with the Aged Care Bill 2024 looking set to pass Parliament within the next few days – but question marks remain over several of the reforms contained within the new Act. The Bill is...

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Group Editor

05 May 2023

Sector Moves & People

KPMG the latest business recruited to help Govt improve its Star Ratings

Dr Rodney Jilek, co-founder of innovative dementia care specialists Community Home Australia, identified problems with the Star Rating system at the beginning of the year. In August, he appeared on the ABC’s 7.30 program saying homes failing to meet...

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Caroline Egan

6 hours ago

Technology

EY awarded $620K contract to assess “digital maturity” of aged care sector

The Department of Health and Aged Care has contracted consultants EY to assess the “digital maturity” of the aged care sector with a view to developing benchmarks and informing future aged care reforms. “The Department of Health and Aged Care is...

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Caroline Egan

6 hours ago

Sector Moves & People

ACCPA appoint Mark Sewell (NSW/ACT) and Clare Grieveson (WA) as Directors

The appointments were made at the Annual General Meeting of Aged and Community Care Providers’ Association (ACCPA) on Tuesday. Clare is CEO of Southern Cross Case (WA) Inc and has 30 years’ experience in the health and aged care sectors. Her governance...

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Caroline Egan

5 hours ago

Aged Care

Regional NSW Council losing $7,700 a week keeping a 16-bed aged care facility open

The Mayor of the Upper Hunter Shire, Maurice Collison, has written to the Federal Minister for Health and Aged Care Mark Butler, asking for “immediate and ongoing” assistance to keep 16-bed Gumman Place Hostel, in Merriwa, 273km north west of Sydney...

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Caroline Egan

7 hours ago

Community Living

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Out of the Ordinary

ABC 7.30 attack on Lifestyle Communities sees 64 cancellations and no new sales

It was in July when the show ABC 7.30 reported on Lifestyle Wollert resident Geoff Gauci, who described his investment in the land lease community as “a financial prison”. Lifestyle Communities shares immediately shed 7.8% from $12.57 to $11.59...

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Ian Horswill

Opinion

These sector CEOs provide a masterclass in professional development and generosity

It was fascinating last week to learn the extent leaders in our sector have invested in their own education. We were in Adelaide and then Perth at the DCM Institute VILLAGE SUMMITS. In each city two leaders gave their time to share their definition...

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Chris Baynes

Mergers & Acquisitions

Adrian Puljich not slowing down as family pay $30M for 27.99ha site in Logan, QLD

The land lease community operator, which is currently developing seven existing over 50s lifestyle resorts and will potentially launch six new resorts across GemLife, Living Gems and Aliria early next year, is the buyer of the site in Heritage Park...

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Ian Horswill

Sector Moves & People

RetireAustralia CEO Brett Robinson elected rugby union’s most powerful person

Brett is the first person elected Chair of the international federation from the Southern Hemisphere. He described his appointment as “a great privilege and an honour”, before stressing that “work starts today, now”. “There are a list of...

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Ian Horswill

Legal Issues

WA’s new Retirement Villages Act significantly increases operator’s risk of being personally criminally liable: lawyers

The Weekly SOURCE reported in last Tuesday’s newsletter, the WA Government had passed the Retirement Villages Act 1992 (WA) 2024 which had been more than a decade in the making. These changes, when read with the subject matter of the foreshadowed...

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Ian Horswill

News & Issues

StewartBrown Partner Stuart Hutcheon to address ACCPA about Retirement Living Performance Report

The highly impressive initial response by the sector to the news the widely respected aged https://www. linkedin. com/in/david-gallery-9a887b13/care benchmarking accountant is providing an independent survey and report for the advocacy of the...

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Ian Horswill

Development

First residents to move into what will be Ingenia Lifestyle and Australia’s biggest land lease community

Archer’s Run in Morisset, 111km north-northeast of Sydney’s CBD, will have more than 600 homes on completion. Ingenia Communities CEO John Carfi opened Archer’s Run’s state-of-the-art Vision Centre, showcasing the brand new residential land lease...

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Ian Horswill

Aged Care

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Sector Moves & People

ACCPA appoint Mark Sewell (NSW/ACT) and Clare Grieveson (WA) as Directors

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Caroline Egan

5 hours ago

Opinion

Five big unanswered questions from the new Aged Care Bill

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Lauren Broomham

6 hours ago

Government Policy

Aged Care Minister announces financial support for providers to help with reforms

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Caroline Egan

17 Nov 2024

Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

Today, Shadow Minister for Aged Care Senator Anne Ruston on behalf of the Opposition has tabled 10 amendments to the Aged Care Bill 2024 in the Senate.

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Caroline Egan

20 Nov 2024

Development

Arcare set to complete three new aged care homes within three months

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Lauren Broomham

6 hours ago

Government Policy

Government scraps its controversial cleaning and gardening caps for Support at Home

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Caroline Egan

19 Nov 2024

Aged Care

Only in SATURDAY: why this regional town demanded a new aged care home

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Lauren Broomham

6 hours ago

Government Policy

Govt’s rules timeline provides some certainty but little comfort for aged care providers

The Department of Health and Aged Care has released a timeline for the release of rules supporting the new aged care legislation, and the periods that the rules will be open for consultation.

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Caroline Egan

6 hours ago

Sector Moves & People

KPMG the latest business recruited to help Govt improve its Star Ratings

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Caroline Egan

6 hours ago

Home Care

View all

Government Policy

Govt’s rules timeline provides some certainty but little comfort for aged care providers

The Department of Health and Aged Care has released a timeline for the release of rules supporting the new aged care legislation, and the periods that the rules will be open for consultation.

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Caroline Egan

6 hours ago

Technology

EY awarded $620K contract to assess “digital maturity” of aged care sector

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Caroline Egan

6 hours ago

Government Policy

Government scraps its controversial cleaning and gardening caps for Support at Home

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Caroline Egan

19 Nov 2024

Saturday

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DIGITAL EDITION

Saturday

Issue 88 | DCM Institute: Striving for excellence

Issue 87 | Getting ‘match fit’ for the future

Issue 86 | The Landings: the private aged care success story

Issue 85 | Aged care optimism 2.0

Issue 84 | Care on demand: the new village value proposition

Issue 83 | Aged care: no mission without Taskforce certainty

Lauren Broomham

30 Aug 2024

Conversation at the Wharf

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Partnering With Westpac

VIDEO: ‘Retirement village operators are having to provide at least low care’

The latest Westpac Leading Conversations at the Wharf in Brisbane featured Sean Graham, CEO of Aura Holdings; Jason Eldering, CEO of Southern Cross Care Queensland; Daniel Aitchison (pictured right), CEO of Palm Lake Care; Kaizaad Mehta, National...

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Ian Horswill

Partnering With Westpac

VIDEO: “We need a low care model”: Jason Eldering, Southern Cross Care Queensland CEO

The latest Westpac Leading Conversations at the Wharf in Brisbane featured Sean Graham, CEO of Aura Holdings; Jason Eldering, CEO of Southern Cross Care Queensland; Dan Aitchison, CEO of Palm Lake Care; Kaizaad Mehta, National Head of Health...

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Ian Horswill

Community Living

Westpac Conversations in Melbourne: The core proposition of retirement living in five years’ time

Four leaders of the retirement living sector spoke about its future with DCM Group CEO Chris Baynes and Content Editor Ian Horswill at a Westpac Conversations in Melbourne luncheon. Anne McCormack, who was appointed Chief Exectuvie of mecwacare in...

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Ian Horswill

Community Living

Westpac Conversations in Melbourne: Four leaders reflect on Care in Retirement Living

Derek McMillan, Centennial Living Managing Director; Peter Nilsson, Chief Operating Officer, The Village Glen; and Anne McCormack, Chief Executive Officer, mecwacare, are in charge of the running of three retirement village businesses that are...

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Ian Horswill

Spotlight Sponsored Content

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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

DIGITAL EDITION

SATURDAY Issue 69

Hospitals are out, home is in: designing aged care when dementia is the norm, not the exception

80% of aged care residents are now living with some form of dementia or cognitive impairment – the pressure is on providers to deliver both a ‘home’ and a safe environment for residents and staff. Today’s aged care homes are seeing an...

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Lauren Broomham

What's On

See more events

Development

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Living with Dementia

Community Home Australia to expand Aashaya Jasri Resort in Bali, Indonesia

Innovative Canberra-based dementia care specialists Community Home Australia (CHA), along with PT CHA International Resorts, has announced the acquisition of a 4,000sqm parcel of land adjoining their Aashaya Jasri Resort in Bali.

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Caroline Egan

Development

Arcare set to complete three new aged care homes within three months

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Lauren Broomham

Government Policy

Funding boosted for manufactured home development: NSW LLLIA

NSW Land Lease Living Association (LLLIA), which is part of the Caravan & Camping Industry Association NSW, said the announcement of the National Productivity Fund by Federal Treasurer Jim Chalmers will boost the burgeoning sector. States and...

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Ian Horswill

Development

First residents to move into what will be Ingenia Lifestyle and Australia’s biggest land lease community

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Ian Horswill

Government

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Government Policy

Govt’s rules timeline provides some certainty but little comfort for aged care providers

The Department of Health and Aged Care has released a timeline for the release of rules supporting the new aged care legislation, and the periods that the rules will be open for consultation.

Click here

Caroline Egan

Sector Moves & People

KPMG the latest business recruited to help Govt improve its Star Ratings

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Caroline Egan

Technology

EY awarded $620K contract to assess “digital maturity” of aged care sector

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Caroline Egan

Government Policy

Government scraps its controversial cleaning and gardening caps for Support at Home

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Caroline Egan

Aged Care

Regional NSW Council losing $7,700 a week keeping a 16-bed aged care facility open

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Caroline Egan

Government Policy

Aged Care Minister announces financial support for providers to help with reforms

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Caroline Egan

Government Policy

The 10 amendments the Opposition wants to make to the Aged Care Bill 2024

Today, Shadow Minister for Aged Care Senator Anne Ruston on behalf of the Opposition has tabled 10 amendments to the Aged Care Bill 2024 in the Senate.

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Caroline Egan

Government Policy

Aged Care Minister open to increased reporting on home care waiting lists

Aged Care Minister has indicated to ABC radio Aged Care Minister Anika Wells has indicated she supports regularly publishing data on how long older Australians are stuck waiting for Commonwealth-funded aged care supports. The latest data – made...

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Caroline Egan

Opinion

Five big unanswered questions from the new Aged Care Bill

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Lauren Broomham

Housing News

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Development

Goodwin will subsidise seven affordable retirement living units in new ACT village

The independent Not For Profit medium rise village in Downer, designed by CK Architecture, which will have 109 Independent Living Units (ILUs) and 20 Assisted Living Apartments. “The 109 ILUs will however include seven Affordable Retirement Living...

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Ian Horswill

Housing News

Every apartment in RFBI’s affordable housing for women over 55 in NSW Mid North Coast snapped up

It is taken six years since the plan was first conceived and now CEO Frank Price is a happy man. The 23 one-bedroom affordable apartments for women over 55 facing homelessness in Watson Place, Bellingen, 547km north of Sydney, is through Belloran...

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Ian Horswill

Community Living

RAAFA WA given $5M towards 16 purpose-built units for veterans

In a pledge to help Western Australian veterans experiencing or at risk of homelessness, the WA Government has announced a $5 million Lotterywest grant to support RAAFA WA’s Andrew Russell Veteran Living (ARVL) program. The pledge comes following...

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Ian Horswill

Housing News

Over 55s encouraged as Stage 2 of Third.i’s Elevate Hume Place in Crows Nest, Sydney, announced as Build to Rent with Wellness amenities

There will be 476 one-, two-, and three-bedroom apartments designed by Woods Bagot in the collaboration between the property developer, co-founded by Luke Berry, and Phoenix Property Investors, directly above the newly-opened Crows Nest Metro...

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Ian Horswill

News & Headlines

Reinventing retirement living? Gurner Group’s “futuristic wellness and anti-ageing utopia”

This utopia might appear fanciful but Tim Gurner has runs on the board. “This will be Australia’s first next-generation wellness precinct where our homes can make us healthier and have a marked impact on our mental and physical wellbeing,” he...

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Ian Horswill

Housing News

Lendlease partners with Japanese for a $500M Build to Rent development in Melbourne

The ASX-listed property group announced it has struck a deal with Nippon Steel Kowa Real Estate to deliver a new $500 million, 499-unit tower in Melbourne’s Docklands that is due to be completed in early 2026. Lendlease will develop, build and act...

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Ian Horswill

Housing

RAAFA WA open accommodation and much-needed assistance to veterans thanks to Hancock Prospecting

Sir Valston Hancock House in South Perth was officially opened with the WA Governor Chris Dawson and Darrilyn Dawson in attendence on Friday. With generous support from Gina Rinehart AO and Hancock Prospecting, Sir Valston Hancock House is a joint...

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Ian Horswill

Housing

RSL LifeCare and RSL NSW’s commitment to veterans clear to see

In an exceptional show of commitment, RSL LifeCare, in partnership with RSL NSW and the generosity of local sub- Branches, has set new records in supporting veterans and their families, including the delivery of health, housing, employment...

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Ian Horswill

Rebuilds

UnitingSA behind $25M plan for housing for women aged over 55 in Adelaide

A 2,950sqm site with outdated social housing buildings in Bowden, 2km northwest of Adelaide’s CBD, will be demolished for a new $25 million development primarily for housing women over 55 facing homelessness. Uniting SA is seeking planning approval...

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Ian Horswill

Development

Queensland’s biggest social housing project includes two-bedroom homes for people over 55

FCC Construction Australia and Modscape have begun the building of 490 purpose-built one- and two-bedroom homes including 245 social housing apartments, 223 affordable homes, and 22 specialist disability accommodation apartments, in Woree, a suburb...

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Ian Horswill

Government Policy

Guidance on Strengthened Aged Care Quality Standards will be released by year’s end

The Aged Care Quality and Safety Commission has released its findings from consultation on the guidance documents for the Strengthened Aged Care Quality Standards.

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Caroline Egan

Housing

“Age in place” homes to be built in Whitlam in the ACT

Housing ACT Growing and Renewing Public Housing Program has announced 25 two-, three-and four-bedroom homes will be built in Whitlam, a suburb in the Molonglo Valley. The townhouses will all be Class C adaptable, which means they are suitable for...

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Ian Horswill

Opinion

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Opinion

Five big unanswered questions from the new Aged Care Bill

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Lauren Broomham

Opinion

These sector CEOs provide a masterclass in professional development and generosity

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Chris Baynes

Opinion

Why grow or go will be the mantra for aged care operators in 2025

If your organisation is looking to exit the sector, there has never been a better time to sell – why? With the new Aged Care Act tantalisingly close to being passed by Parliament and many operators reporting positive financial results for the...

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Lauren Broomham

Opinion

StewartBrown survey and Code of Conduct essential for the retirement living sector

This week two important initiatives were announced. First StewartBrown announced it is launching an independent survey of retirement living operators, and the second is the Retirement Living Council is reducing the Code of Conduct fees, determined...

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Chris Baynes

Opinion

No capital, no beds, no care: can Hospital in the Home help fill the gap?

While in Adelaide two weeks ago for the ACCPA National Conference, we took the opportunity to tour SA Health’s My Home Hospital service, which is delivered through a joint venture between Calvary Health Care and Amplar Health. What we saw blew us...

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Lauren Broomham

Funding

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Government Policy

200 patients still lying in SA hospitals waiting for aged care beds

It would take two large aged care homes to house all the older patients in South Australian hospitals ready to be discharged, but waiting to be offered an aged care bed. The Peter Malinauskas Labor Government’s promise to build more than 600 new...

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Caroline Egan

Government Policy

Hourly updates on Senate Inquiry into the Aged Care Bill 2024 in Canberra today

The Senate Inquiry into the Aged Care Bill 2024 will hold eight hearings around the country this month, with the Inquiry expected to be wrapped up by the end of the year. Acting Inspector-General of Aged Care Ian Yates is the first to appear before the inquiry in Canberra on 3 October 2024.

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Caroline Egan

Government Policy

Inspector-General: aged care reforms do not meet Royal Commission’s expectations

In its Senate Inquiry into the Aged Care Bill 2024 submission, the Office of the Inspector-General of Aged Care (OIGAC), which is led by long-time industry expert Ian Yates AM, has restated its position that Australia should be moving towards...

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Caroline Egan

Government Policy

DoHAC responds to claims of shortfall in Hotelling Supplement

This week, we reported that StewartBrown’s analysis of the Federal Government’s aged care reforms showed the Hotelling Supplement may require an additional $7 per bed per day to “fully meet” the actual cost of delivering hotelling services.

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Caroline Egan

Aged Care

Fed Govt pledges $900M for aged care services in thin markets

Aged Care Minister Anika Wells has announced a $900 million support package for aged care providers operating in thin markets, as part of the Federal Government’s $5.6 billion aged care reforms announced on 12 September. The Government will invest...

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Caroline Egan

Opinion

Optimism 2.0: only three years until billions in new cash flows into aged care

Analysis of the Australian Government’s aged care reforms has forecast the residential aged care sector can expect at least $2-plus billion a year in additional funding in three years’ time. Will it be enough to incentivise new beds? As we...

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Lauren Broomham

Aged Care

StewartBrown modelling on residential aged care reforms: “It’s a good start”

Aged care accountancy specialists StewartBrown have provided modelling to show how the Government’s proposed aged care funding reforms will impact the sector’s financial sustainability. “It’s a good start,“ Grant Corderoy, Senior Partner...

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Caroline Egan

Funding

Only in SATURDAY: aged care reforms are an evolution and not a revolution

The Government’s aged care reforms mark the beginning of a shift in the mindset of the community towards paying for what has been traditionally a majority taxpayer-funded service. How will providers adapt to this marketing opportunity? To find out...

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Caroline Egan

Government Policy

The sector speaks to The SOURCE video: Russell Bricknell, Juniper CEO

Russell Bricknell, Juniper Care CEO, tells Lauren Broomham, Editor of The Weekly SOURCE, the Government’s funding model adjustments give the sector future certainty, and shares his thoughts on the proposed reforms. For more, subscribe to The SOURCE...

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Caroline Egan

Government Policy

The sector speaks to The SOURCE video: Prue Bowden, Group CEO – Home Health at Australian Unity

Prue Bowden, CEO Home Health at Australian Unity, speaks to DCM Group’s Lauren Broomham, editor of The SOURCE, gives her insights into the Government’s aged care reform package and its potential to improve care for older Australians.

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Caroline Egan

Government Policy

The sector speaks to The SOURCE video: Byron Cannon, CEO of LDK Seniors’ Living

In a video interview Byron Cannon, LDK Seniors Living CEO, talks to The SOURCE Editor Lauren Broomham about what the Australian Government’s aged care reforms and the response to the Aged Care Taskforce will mean for private aged care. To read more...

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Caroline Egan

Aged Care

80% of residential aged care providers making a profit, according to Fed Govt

The percentage of residential care providers reporting a positive EBITDA result increased to 80.2% as of 31 March 2024, up 11.7 percentage points from 31 March 2023 YTD, according to the Department of Health and Aged Care’s latest Quarterly Financial Snapshot (QFS) - Quarter 3 2023-24.

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Caroline Egan

News & Headlines

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Out of the Ordinary

$5.4M penthouse apartment for sale in retirement village in Auckland’s wealthiest suburb

The construction site (left) is where Abbott Residences is rising beside Nathan Residences (right). This is The Foundation, a retirement village being built in Parnell, Auckland, one of New Zealand’s most affluent suburbs. The asking price for...

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Ian Horswill

News & Issues

StewartBrown Partner Stuart Hutcheon to address ACCPA about Retirement Living Performance Report

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Ian Horswill

Out of the Ordinary

ABC 7.30 attack on Lifestyle Communities sees 64 cancellations and no new sales

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Ian Horswill

News & Issues

Retirement Living Council to significantly cut price of Code of Conduct subscription to support operator sign up

Executive Director Daniel Gannon said it is time to engage all village operators to participate – it is simply not good enough that less than 40% of retirement villages are subscribers to its Code of Conduct launched six years ago. He states that...

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Ian Horswill

Out of the Ordinary

Anglicare scraps DMF for LDK’s Village Membership model at Woolooware Shores with early success

The Deferred Management Fee (DMF) has been replaced at the For Purpose Not For Profit’s Woolooware Shores retirement village in Taren Point, 18km south of Sydney’s CBD. Jodie Pennings, Head of Sales, Retirement Living, at Anglicare, contacted us...

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Ian Horswill

In the Headlines

Retirement Living Council says ABC 7.30 retirement living coverage is activist journalism

The Retirement Living Council has told the ABC its “campaign” against the retirement living sector is clearly in breach of the taxpayer-funded broadcaster’s Editorial Policies, Principles and Standards, particularly in relation to impartiality...

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Ian Horswill

News & Issues

Look Adele Ferguson: Here’s five people of 249,996 people you did not interview who have been in retirement living for 130 years combined

ABC 7.30 featured four residents in its agenda-driven stories on retirement villages to claim there are “systemic” issues in the retirement living sector and the “Fee structure creates incentive to churn residents’. That left 249,996...

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Ian Horswill

Health

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Health

ACH opens its third Health Studio with HUR equipment for its wide community

The leading South Australian Not For Profit has opened a new $5 million advanced health and wellbeing hub at Rostrevor, 10km east-northeast of Adelaide’s CBD. The health studio includes a gym equipped with state-of-the-art HUR Australia exercise...

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Ian Horswill

Ageing

Retirement by Moran provides empty Northern Beaches RAC to women in need – offers guidance to others on how

The private operator is facing at least two years to redevelop its 90 bed RAC. It has worked out how to provide it as accommodation to women in need at no cost. An initiative led by Sally Taylor, Managing Director of Retirement by Moran, they bought...

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Ian Horswill

Ageing

SATURDAY subscription magazine: Phil Usher grows from zero to $600M in private aged care with Odyssey Lifestyle Care Communities

The Weekly SOURCE on Tuesday, 6 August, revealed the sector innovator’s fourth private aged care community, operated under the Retirement Villages Act. Now Phil has given an exclusive interview to DCM Group editor Lauren Broomham where he reveals...

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Ian Horswill

Technology

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Technology

EY awarded $620K contract to assess “digital maturity” of aged care sector

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Caroline Egan

Technology

Aged care operators heading for “challenging time” as deadline for reforms approaches: Epicor

With the aged care sector anxiously waiting to see if the new Aged Care Bill 2024 passes Parliament this month, enterprise software provider Epicor is warning that operators need to be preparing now given the limited timeframe to transition to the...

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Lauren Broomham

Home Care

In latest SATURDAY magazine: Mable’s role in Australia’s aged care system cemented with 650 new recruits a week

Mable’s offer of choice, flexibility and control for workers - and choice of support for customers - is making the peer-to-peer support worker platform a lynchpin of Australia’s aged care ecosystem. What role is the platform increasingly playing...

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Caroline Egan

Technology

Telstra and Optus switched off 3G networks on 28 October

Telstra and Optus began closing down their 3G networks on 28 October 2024, with Telstra saying it will take about a week to shutdown their network, and Optus saying the process could take months. Devices that may be affected include phones...

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Caroline Egan

Mergers & Acquisitions

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Mergers & Acquisitions

Foreign Investment Review Board clears Stockland’s purchase of Lendlease’s masterplanned communities with nine land lease sites

The Lendlease deal, according to Stockland CEO - Development, Andrew Whitson, includes up to nine future land lease communities totalling 2,500 home sites. The purchase was announced in December 2023 when Lendlease told the ASX that it had entered...

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Ian Horswill

Mergers & Acquisitions

HTL Property says Hometown Australia’s Macquarie Shores purchase largest land lease community sale of 2024

The fully occupied 214-home Macquarie Shores Home Village over 50s land lease community, which also has one vacant, development-ready site, was only offered to targeted suitors in an off-market sale. “Macquarie Shores Home Village ultimately sold...

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Ian Horswill

Mergers & Acquisitions

Adrian Puljich not slowing down as family pay $30M for 27.99ha site in Logan, QLD

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Ian Horswill

Mergers & Acquisitions

Lincoln Place announce 22nd over 50s land lease community

The 209 proposed two- and three-bedroom homes in Eagle Point Lifestyle Estate will be the operator’s first in Victoria’s Gippsland Lakes region. Located between the towns of Bairnsdale and Paynesville, the community will have northeasterly water...

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Ian Horswill

Mergers & Acquisitions

integratedliving acquires St Andrew’s home care operations in NSW Northern Rivers region

Home care specialist integratedliving has acquired the home care operations of Ballina-based Not For Profit St Andrew’s. In transitioning out of home care, St Andrew’s will retain its focus on residential aged care and retirement living on the NSW...

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Caroline Egan

Mergers & Acquisitions

WA’s RAAFA acquires home care provider Perth Care and Companion Company

The Not For Profit operator is expanding its home care footprint with the purchase of Perth Care and Companion Company (PCCC), the first acquisition for CEO Michelle Fyfe who joined the organisation 12 months ago. As part of the acquisition...

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Lauren Broomham

WEEKLY SOURCE

Mergers & Acquisitions

BaptistCare, Baptcare and Baptist Care SA set to become Australia’s third-largest, integrated care and services provider

Almost 18 months after BaptistCare NSW/ACT and Baptistcare WA merged, the Boards and executives of BaptistCare (NSW, ACT, WA), Baptcare (VIC, SA, TAS), and Baptist Care SA today announced they will merge to form a billion-dollar aged care and...

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Lauren Broomham

Mergers & Acquisitions

David Di Pilla’s HMC Capital responds on its significant investment in Lifestyle Communities

DCM Group CEO Chris Baynes’ Opinion Article last Tuesday on the move by HMC Capital to buy 2.69% voting power in the Victorian land lease communities provider sparked a response from HMC. “It’s early days in our investment into [the company]...

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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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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

International

Promotional video for a senior living resort has 6.4M views – shame it’s not in Australia

Said to be Malaysia’s first purpose-built senior living resort, Millennia Village in Seremban, approximately an hour drive from Kuala Lumpur, is on a13ha site. It is the brainchild of John Chia, Chairman and Managing Director of semiconductor...

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Ian Horswill

Development

Building of retirement villages in New Zealand falls to six-year low as costs hits record high

Only 350 retirement village units were approved across the Tasman Sea in the second quarter of 2024, according to interest. co. nz, which represents a fall of 31% on two years ago. At the same time the average build cost per retirement village unit...

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Ian Horswill

International

Various payment systems at top four UK retirement villages

Research from online care platform Lottie reveals the country’s most popular retirement villages and the difference in how residents Over 55 pay to live in them. Retirement living is not cheap in England with the average price to buy in of nearly...

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Ian Horswill

Not for Profit

Only in SATURDAY: Community Home Australia (CHA) weighs up Bali ‘village’ for Aussie expats

The ink is barely dry on the deposit for its first international resort in Bali, but the innovative dementia care and disability provider already sees further opportunities to expand into accommodation for the growing Australian expat community. As...

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Lauren Broomham

Retirement and Community Living

Time to raise your prices? Look at what is charged for assisted living in the US

A Queensland aged care and retirement living operator told me after a recent tour of the US that his only thought was that his prices were too low. More than 30,600 assisted living facilities are currently active in America, with an average...

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Ian Horswill

Community Living

Can this happen in Australia? UK’s best new building is a retirement village

John Morton Centre, a day centre for residents of Morden College, a retirement community in south-east London, England, has been named winner of the 2023 RIBA Stirling prize for the best new building in the country. “At a time when adult social care...

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Ian Horswill