The NFPs didnt have speakers giving figures but there was plenty of talk in the corridors,
acknowledging they have more villages than the private sector and are just as aggressive, with
the likes of Blue Care from Queensland with 14 projects on the go, Salvation Army with several
big projects, Southern Cross building in every state (separately) and so on.
Regular comments were made that the NFPs have some significant competitive advantages.
They dont pay tax, dont pay GST on construction, their staff can get a tax free kick of up to
$15,000 a year and they get land at times on preferential deals
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...