Another operator moves away from a loss-making aged care facility

Aug 11 2009 Updated July 4, 2023

The Weekly Source

1 min read

Paul Cook, The CEO of Inverell not-for-profit operator H.N McLean Retirement Village, has declined to renew the management contract for the council owned Bundarra Aged Care Facility in northern New South Wales. The reported ongoing losses was too much to manage.

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Acquisitions

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Opinion

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Development

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Albanese Government again seeks to phase in aged care workers’ pay rises

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In the Headlines

LEADERS SUMMIT 2024: Watch and listen to the speeches from Aged Care Taskforce member Grant Corderoy, HammondCare CEO Mike Baird, and MinterEllison’s Penny Eden and Deanna McMaster

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In the Headlines

This man has single-handedly killed Aspen’s takeover of Over 55s rental community provider Eureka

Eureka, the only pure-play over 55s rental accommodation provider in Australia, has told the ASX that Filetron, the business owned by Ben Cottle, founder, primary shareholder and Non-Executive Chairman of the FDC Group of companies, does not intend...

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In the Headlines

Does this pass the pub test? Direct aged care workers awarded wages rises of up to 13.5% by Fair Work Commission – but indirect care workers only given up to 6.8%

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