The RVA has commenced a search for a new CEO after Jane Holdsworth announced her resignation due to illness in her family. RVA President Simon Owen will fill in as Acting CEO while a replacement is appointed. Simon said Jane Holdsworth has made an important contribution as CEO of the RVA over the past year. Key achievements include a growth in the associations membership base, improved advocacy outcomes with key stakeholders, successful negotiations with legislators including the recent decision in Victoria to exempt retirement village contracts from proposed amendments to the Stamp Duty Act and establishing an office in Queensland to become, for the first time, an organisation able to represent all members across Australia. We wish Jane every success in the future and thank her for the outstanding contribution she has made over the past 12 months.
Legal Issues
VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
