Domain Principal Group close to 50% sale by AMP Capital

Jul 01 2013 Updated July 4, 2023

The Weekly Source

1 min read

AMP Capital is seeking $150 million and is believed close to securing an Asian investment fund for just under 50% of Australias largest aged care operator, Domain. They want the cash to fund continued expansion of the business.

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...

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Ian Horswill

07 Oct 2025

Government Policy

The three aged care bombshells from Senate Estimates

Last week’s Senate Estimates hearing – held just three weeks before sweeping reforms roll out – gave politicians the chance to ask Government heavyweights the questions they’re getting from constituents and to interrogate the once-in-a-generation changes.

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Caroline Egan

15 Oct 2025

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

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Ian Horswill

09 Oct 2025

Community Living

Colliers: what’s the average cost of a land lease community development in 2025?

Colliers Engineering & Design has released its 2025 Land Lease Community Cost Per Site Report: QLD, NSW & VIC, offering detailed insights into the economics of developing land lease communities across Australia’s East Coast.

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Ian Horswill

13 Oct 2025

Village sector only stronger 12 months after ABC 7.30’s Retirement Rip-Off story: RLC

Retirement Living Council Executive Director Daniel Gannon, who was interrupted 78 times after agreeing to talk to ABC 7.30 reporter Adele Ferguson 12 months ago, said “Rather than retreat, the Retirement Living Council tackled fiction with facts - and trhe industry stood united.“

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ABC 7.30 hones in on higher home care fees under Support at Home

The ABC’s 7.30 program has put the spotlight on increased consumer contributions under the Government’s new Support at Home scheme, set to begin 1 November 2025. As The Weekly SOURCE reported in SATURDAY back in July, from 1 November 2025, clients approved for Home Care Packages after 12 September 2024 will be required to contribute up to 15% of their service costs. That co-payment could mean $70 to $210 per week for basics like showering or domestic help.

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Heritage Care found not guilty over deadly COVID-19 outbreak in 2020

A jury has found Victorian aged care provider Heritage Care did not breach the state’s Occupational Health and Safety laws by not properly training staff to use personal protective equipment (PPE) before a deadly COVID-19 outbreak.

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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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Lauren Broomham

12 Sep 2025