At the RVA Regional Conference in Melbourne yesterday confidence was being expressed that the sector has bottomed out. Leading Knight Frank valuer Sam Murphy stated one sale a month is the norm but we should start to see growth. Darryl Watherston, heading Ingenia marketing, has been making great sales in both his DMF and rental villages, with stock now becoming a problem in Perth. His Chairman, Jim Hazel, is also upbeat about the sector 12-24 months out.
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.
