Aged Care

The sector speaks to The SOURCE: Grant Corderoy, Senior Partner StewartBrown

Sep 19 2024 Updated September 25, 2024

Lauren Broomham

1 min read

DCM Group journalist, Lauren Broomham talks to Grant Corderoy, Senior Partner at StewartBrown and a key member of the Aged Care Taskforce, about the financial implications of the Government’s response to the Taskforce.

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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...

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Ian Horswill

26 Jun 2025

Sector Moves & People

Former Estia Health boss appointed CEO of Melbourne aged care operator Mayflower

Not For Profit aged care operator The Mayflower Group, which has three aged care homes and one retirement village in Melbourne, has announced the appointment of global health and aged care leader Paul Gregersen (pictured above) as its new CEO. Paul...

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Caroline Egan

16 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?...

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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.

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Ian Horswill

24 Jun 2025

Going nowhere fast: aged care is shrinking yet the sector’s money keeps growing

KPMG’s latest deep dive into the aged care sector is out today – and it confirms what many of us already know. Demand is rising. So is the money. But the sector? It’s still shrinking. Take home care. Government funding soared 29.2% to $8.8...

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Final Support at Home manual now scheduled for September: “not long enough” says Tom Symondson

The Department of Health, Disability and Ageing has confirmed the final version of the Support at Home manual won’t be released until September 2025, but Tom Symondson, CEO Ageing Australia, said the report should be released by 1 August.

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AlayaCare’s software one of the first to receive approval for Support at Home systems

Home care software platform AlayaCare has become one of the first providers to receive certification from Services Australia that is can integrate into the new Support at Home systems.

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Thousands at risk from delay to Home Care Packages, cautions Prue Bowden

The leader of Australia’s largest home care provider has warned the Federal Government’s decision to delay the release of tens of thousands of Home Care Packages could cause serious harm to older Australians. In an op-ed published in The...

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Caroline Egan

26 Jun 2025