Forbes Council (NSW) purchases land for aged care and retirement units

Jul 01 2013 Updated July 4, 2023

The Weekly Source

1 min read

A few councils are still investing in community aged care and retirement. Forbes Council is purchasing a disused portion of the former Jemalong Retirement Village and will build 20 ILUs along with a new aged care facility.

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Government Policy

Australian Senate votes for two separate inquiries into aged care reform

The Senate has voted to establish two new Senate inquiries into the Government’s historic aged care reforms, rollout out on the weekend after years of preparation, amid concerns they will not deliver for older Australians.

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Caroline Egan

23 hours ago

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Retirement villages now hot investments: Here is why

Aveo is even sweeter in that it has been moving its contracts to a mix of upfront payments rather than the DMF. In March 2024, we reported in The Weekly SOURCE that a third of new Aveo customers have chosen an alternative to the traditional deferred...

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Chris Baynes

04 Nov 2025

US manufactured home sector tipped to hit US$18.9B by 2030 – Australia’s land lease market not far behind

Australia’s land lease community sector was valued at $13.5 billion in 2024 – and now its US equivalent, the manufactured homes market, is forecast to grow from US$13.74 billion in 2025 to US$18.92 billion by 2030.

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Ian Horswill

29 Sep 2025

Topic - Housing News

Sector Moves & People

Australian Community Housing names Mark Degotardi as inaugural CEO

Australian Community Housing (ACH) – formed in 2025 through the merger of Australian Community Housing Infrastructure and PowerHousing Australia – has appointed Mark Degotardi as its first Chief Executive Officer.

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RAAFA WA to build Andrew Russell Veteran Living in Perth after funding secured

Construction is now underway on a dedicated facility to temporarily house veterans at risk of homelessness, following a sod-turning ceremony in Cannington, Perth’s southern suburbs.

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SA Govt ramps up housing for vulnerable older women

South Australia’s Department for Housing and Urban Development is investing in more housing options for vulnerable older women, with three significant projects underway or recently completed in Adelaide.

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Ian Horswill

01 Sep 2025