NSW: Coffs Coast may get two much needed aged care facilities

Jun 07 2010 Updated July 4, 2023

The Weekly Source

1 min read

One Mullaway, Coffs Coast, aged care facility has been given the go-ahead by Coffs Harbour Council. A set of revised plans for a second, 80-room residential facility, costing about $11.7 million in nearby Darkum road have also been submitted to the director general of Planning.

These new retirement villages show providing care is here and now

Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...

Click here

Ian Horswill

07 Oct 2025

Mergers & Acquisitions

Bain Capital assesses what’s best for fattened Estia Health 23 months after $838M buy

The US-based private investor is reportedly believed to have contracted investment bank Barrrenjoey to see if its residential aged care business can be sold for a sizeable profit or should be floated on the ASX. The Australian, which reported Bain...

Click here

Ian Horswill

09 Oct 2025

Community Living

Colliers: what’s the average cost of a land lease community development in 2025?

Colliers Engineering & Design has released its 2025 Land Lease Community Cost Per Site Report: QLD, NSW & VIC, offering detailed insights into the economics of developing land lease communities across Australia’s East Coast.

Click here

Ian Horswill

13 Oct 2025

Funding

21 aged care homes’ worth of hospital patients stuck waiting for discharge

As Premiers and Health Ministers battle Canberra over hospital funding, a new report has revealed a key reason costs are surging: thousands of older Australians remain stranded in hospital beds because there’s nowhere else for them to go.

Click here

Caroline Egan

08 Oct 2025

Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

Click here

St Jude’s Health Care Services’ Perth residential aged care expansion

Perth-based St Jude’s Health Care Services has been named as developer of the aged care facility to be built alongside Providence Lifestyle Wattle Grove retirement village, and the operator has also lodged plans to build a two-storey extension of its existing Midlands Nursing Home.

Click here

Caroline Egan

9 hours ago

The Weekly SOURCE

Mergers & Acquisitions

Only in SATURDAY: Respect’s quiet empire – 39 homes, one sale enquiry a week

Respect CEO Jason Binder says consolidation is “coming to us,” not the other way around – with boards approaching weekly as the regional NFP scales a 39-home network through selective acquisitions, a 90-day integration playbook, and a “profit for residents” philosophy.

Click here

StewartBrown’s Grant Corderoy: Time for courage – and a new rental model – to make aged care investable

At StewartBrown’s 2025 Sydney Finance Forum last week, Senior Partner Grant Corderoy set a clear challenge to residential aged care providers: show courage, reset business models, and force the policy conversation toward investability, not just viability.

Click here

Lauren Broomham

10 hours ago