Lake Macquarie City Council has identified that it will have 25% of its population aged 65+ within 10 years up from 17% today an increase of 41%. It says it will aggressively pinpoint land for zoning for affordable housing and adaptable housing for the aged. Even today it has assessed it is meeting only 20% of demand.
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...