$100M funding to attract doctors to aged care fails

Jan 30 2012 Updated July 4, 2023

The Weekly Source

1 min read

The Federal Governments $100M incentive program to attract doctors to visit aged care facilities has been declared a failure, after just 20% of the budget has been spent.

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

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.

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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?...

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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

Six Whiddon-led Collaborative Health Care Initiative pilots go live in regional NSW

Six 12-week pilots under the Collaborative Health Care Initiative have commenced with the aim of improve aged care in regional Australia. Led by Whiddon CEO Chris Mamarelis, the project bridges gaps between the aged care and broader healthcare systems.

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New Aged Care Minister admits system is substandard

In his first radio interview since being sworn in seven weeks ago, Minister for Aged Care and Seniors, Sam Rae has admitted the aged care system is failing to meet community expectations. Speaking on ABC Radio as part of the broadcaster’s coverage...

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Aged care missing from Health Department’s top five reform pillars

Aged care has been left out of the five key areas of reform identified by the Department of Health, Disability and Ageing as priorities for the re-elected Labor Government, according to a 2025 Incoming Government Brief authored by Department...

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Caroline Egan

7 hours ago

Home Care

Sector Moves & People

Simon Schrapel AM departs as Uniting Communities’ Chief Executive after 15 years

The South Australian Not For Profit has formally farewelled long-time Chief Executive Simon Schrapel, as a new face steps into the role. Simon, who was in the role for a decade-and-a-half, oversaw the group’s expansion to the situation today where...

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Caroline Egan

7 hours ago