Flamboyant Melbourne property developer Mark Stanley the brains behind Australias first gay public company, the Satellite Group, faces a lengthy jail term after pleading guilty to two charges of stealing $2.79 million from investors. The private investors were told their money would purchase land for a retirement village at Berwick, outside Melbourne. They were promised theyd get all their money back on completion, plus interest payments of 13% a year once the village was built. But the land was never purchased.
Opinion
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
