AMP also lining up with $100 million for Manchester Unity villages

Aug 01 2008 Updated July 4, 2023

The Weekly Source

1 min read

AMP Capital Investors joins Babcock and Brown Communities and Macquarie/Aveo in competition to buy 380 ILUs for sale by NSWs Manchester Unity.

These new retirement villages show providing care is here and now

Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...

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Ian Horswill

07 Oct 2025

Government Policy

The three aged care bombshells from Senate Estimates

Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.

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Caroline Egan

15 Oct 2025

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

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Ian Horswill

09 Oct 2025

Opinion

The retirement village identity crisis

It is with great interest we are following the developments in South Australia regarding the planning classification of retirement villages as ‘essential infrastructure’. The catalyst? Senior Australians locked in hospital beds with no place to...

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James Wiltshire

14 Oct 2025

Lowest number of aged care beds on record added in 2024-25

Residential aged care bed growth is being rapidly outpaced by demand, with resident numbers increasing by about 5,000 per year versus just 800 net new beds in 2024-25.

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Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

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St Jude’s Health Care Services’ Perth residential aged care expansion

Perth-based St Jude’s Health Care Services has been named as developer of the aged care facility to be built alongside Providence Lifestyle Wattle Grove retirement village, and the operator has also lodged plans to build a two-storey extension of its existing Midlands Nursing Home.

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Caroline Egan

16 Oct 2025

The Weekly SOURCE

Mergers & Acquisitions

Only in SATURDAY: Respect’s quiet empire – 39 homes, one sale enquiry a week

Respect CEO Jason Binder says consolidation is “coming to us,” not the other way around – with boards approaching weekly as the regional NFP scales a 39-home network through selective acquisitions, a 90-day integration playbook, and a “profit for residents” philosophy.

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Lauren Broomham

16 Oct 2025