Bland Shire Council has sold West Wyalong's Waratah Aged Care Village to Royal Freemasons Benevolent Institute after it made another $500,000 annual loss. First action is the redundancy of nine mostly part time nursing staff, replaced by two full time staff. How much the Freemasons paid is not known.
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...