Topic - Editorial

Aged care Commission draws just a third of the media attention as banks

Nov 05 2019 Updated May 3, 2023

The Weekly Source

1 min read

The Aged Care Royal Commission has drawn a third of the media coverage as the Banking Royal Commission, says the ABC.

It has been a significant national media covering the Commission led by Anne Connolly - following its Four Corners program that initiated the Royal Commission on the first place.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

Click here

Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

Click here

Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

Click here

Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

Click here

Ian Horswill

24 Jun 2025

Aged care resident Clare Nowland given “no chance” to avoid being Tasered: sentence appealed

Click here

Caroline Egan

02 Jul 2025

Legal Issues

Nine years and counting: Federal Golf Club, Canberra, taking legal action after Mbark’s retirement village approval rescinded

The golf club in Red Hill is taking ACT Civil and Administrative Tribunal’s decision to rescind an approved development application for its proposed retirement village by the acclaimed retirement living operator to the ACT Supreme Court in...

Click here

Ian Horswill

16 Jun 2025

Legal Issues

“A mixed bag”: Russell Kennedy and Residents of Retirement Villages Victoria respond to state’s new Act

“Most of the amendments which will impact financial matters, such as deferred fees, exit entitlements, recurrent charges ceasing and maintenance and repair obligations, will be prospective. However, requirements in relation to village operations...

Click here

DCM Institute hosts first Professional Development Day for ACT Village Managers

In response to a request from the Retirement Living Council’s ACT Committee, the DCM Institute – Australia’s leading professional development program for Village Managers – hosted its inaugural professional development day in Canberra on Thursday, 5 June, providing practical insights and guidance to managers from across the region.

Click here

Ian Horswill

09 Jun 2025