The Catholic diocese of Maitland-Newcastle is putting its aged-care properties on the market, potentially valued at $100million. The huge compensation bill from child sex abuse victims is thought to be behind the sale. The diocese has called for expressions of interest from three Catholic aged care providers to buy and manage facilities.
ATO plans to charge GST on manufactured home parks scrapped
A concerted effort by the Residents Association of manufactured home parks has headed off the ATO which had planned to impose GST in mobile homes. This would have added 10% to the cost of the purchase of a home