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.

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

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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

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Mergers & Acquisitions

Opal HealthCare powers ahead with triple Victorian acquisition

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Caroline Egan

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Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

08 Sep 2025

Senate Inquiry into aged care service delivery deadline extended to October

The Senate Inquiry into Aged Care Service Delivery has been granted a two-week extension, with its final report now due on 1 October 2025 – just a month before the new Aged Care Act and Support at Home program begin.

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Government confirms AN-ACC price rise and 42% hotelling supplement boost

The Albanese Government has confirmed new funding increases for residential aged care from next month – including a significant 42% jump in the hotelling supplement. From 1 October 2025, the Australian National Aged Care Classification (AN-ACC)...

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Aged care providers wait for AN-ACC price decision – again

12 months after the Government gave operators just two weeks’ notice of an increase in the Australian National Aged Care Classification (AN-ACC), providers are once again left on tenterhooks. In December 2023, then-Minister for Aged Care Anik...

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Aged Care Minister writes to remind providers of staff training obligations

The Minister for Aged Care Sam Rae has written to aged care providers reminding them of their legislated requirement to ensure staff receive training, including rostered paid time to fulfil the obligation.

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Caroline Egan

11 Sep 2025