Moran Health Care Group partners with Sutherland Council to build $31M health and care facility.

Jun 24 2012 Updated July 4, 2023

The Weekly Source

1 min read

Peter Moran of Moran Health Care group has announced the construction of a new health and aged care facility in Engadine to cater to 135 propel.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Simon Owen appointed Managing Director of Eureka Group Holdings

Simon Owen, currently CEO of ASX-listed Eureka Group Holdings, will take on the additional role of Managing Director from 1 July 2025.

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Ian Horswill

24 Jun 2025

Simon Schrapel AM departs as Uniting Communities’ Chief Executive after 15 years

The South Australian Not For Profit has formally farewelled long-time Chief Executive Simon Schrapel, as a new face steps into the role. Simon, who was in the role for a decade-and-a-half, oversaw the group’s expansion to the situation today where...

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Caroline Egan

7 hours ago

Retirement and Community Living

Opinion

Aveo should set the sales and valuation benchmark for all For Profit and NFP village operators: $385K per ILU contract

So Aveo built this demand through rebranding, relaunching and very active promotion on vehicles like our villages. com. au

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Chris Baynes

01 Jul 2025

Retirement and Community Living

Sector Moves & People

Stephen Muggleton reflects on building Australia’s largest NFP care provider as Bolton Clarke hits $1.98B revenue

Stephen officially stepped down as CEO on 30 June after transforming Bolton Clarke over his 10-plus years in charge of the Brisbane-based operator. Last Friday, Stephen posted on his LinkedIn page: Final sign-off and reflection. “The end of the 2025...

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Ian Horswill

01 Jul 2025

Retirement and Community Living

SATURDAY exclusive: “I hate begging”: Life on the home care waitlist

Laurie Sucic is 91, a retirement village resident, and the full-time carer for her 92-year-old husband. Both have been assessed as needing high-level home care – but like tens of thousands of older Australians, they have been told they will have...

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Lauren Broomham

30 Jun 2025