ACT Government bows to village industry pressure and resident demands on Village Act overhaul

Jun 07 2012 Updated July 4, 2023

The Weekly Source

1 min read

The ACT Government has agreed to adopt NSW laws rather than overhaul the current ACT Act. Operators and residents both claimed it would have added cost and complexity, including operators refusing to enter the ACT market.

Retirement villages have Canberra’s attention – now the sector must prove its value

Three years after Daniel Gannon took the reins of the Retirement Living Council (RLC), the sector has achieved something his predecessor Ben Myers was never able to: national recognition in Canberra. This is just the fist step. Retirement villages now need to capitalise on this moment. Here’s how.

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Ian Horswill

02 Sep 2025

Legal Issues

NSW retirement village operators now required to file annual capital maintenance report

The NSW Government has finalised and published the Retirement Villages Regulation 2025 (NSW), bringing in a number of key changes for operators.

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Ian Horswill

02 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

08 Sep 2025

Opinion

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Construction begins on Australia’s first timber aged care home

After a “long gestation,” work has finally begun on the extension and refurbishment of Hardi Aged Care Blacktown, 45km west of the Sydney CBD, architect John Flower has confirmed.

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TLC reveals $490M five-year pipeline as $170M Melbourne healthcare precinct approved

TLC Healthcare has unveiled a $490 million development pipeline to be rolled out over the next five years, beginning with its most ambitious healthcare precinct yet – a $170 million development in Hallam, Melbourne.

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Reside fast-tracks fifth retirement village after strong villa sales

Reside Communities has recorded strong early demand at its newest project, Maleny Grove, in Queensland’s Sunshine Coast hinterland.

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Lincoln Place breaks ground on $9.2M clubhouse at Northern Rivers land lease project

Clarence Valley Council Mayor Ray Smith joined Lincoln Place Chief Executive Officer Paul Yeo and the first residents of Lincoln Lifestyle Northern Rivers for a sod-turning ceremony to mark construction of the community’s new clubhouse in Gulmarrad, near Yamba.

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Ian Horswill

08 Sep 2025