QLD: Malaysian healthcare provider buys 51% of Jeta Gardens

Sep 23 2010 Updated July 4, 2023

The Weekly Source

1 min read

Malaysian healthcare provider, KPJ has announced its purchase of 51% of Jeta Gardens in Bethania, Queensland for approximately AUD$45 million. Jeta Gardens is an Asian themed retirement village and aged care complex offering 108 beds, 23 units of retirement villas and 32 units of apartments located on 64 acres of land.

RLC and StewartBrown lobbying sees retirement village operators’ proposed liquidity ratio cut from 10% to 2%

Daniel Gannon, Executive Director of the Retirement Living Council, said the Aged Care Quality and Safety Commission’s proposal to make residential aged care providers operating independent living units (ILUs) and retirement villages retain 10% of ILU and retirement village refundable amounts as liquid funds from 1 July this year, has been reduced to 2%.

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Ian Horswill

26 May 2025

Sector Moves & People

ECH Chief Executive Claire Scapinello resigns after three years in role

In a surprise move, Claire has left South Australia’s largest retirement living provider just months after being elected Vice-President of the peak body, the Retirement Living Council, in February.

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Ian Horswill

22 May 2025

Government Policy

New Minister for Aged Care meets with Aged Care Transition Taskforce as sector seeks staggered reforms

It’s still within the Government’s powers to stage the aged care reforms, as the new Minister for Aged Care Sam Rae met with the Aged Care Transition Taskforce this week.

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Caroline Egan

22 May 2025

Opinion

Scape - the disruptor that will turn the retirement living sector on its head

“As we think about senior housing, that sector in itself is too fragmented and it needs a bit of leadership from someone to kind of disrupt,” Stephen Gaitanos, co-founder, Managing Director and Group CEO of Scape Australia told Mingtiandi’s...

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Ian Horswill

27 May 2025

SA’s Lutheran Homes Group expands into Victoria with two regional retirement village and aged care home acquisitions

Adelaide-based aged care, home care, and retirement living provider Lutheran Homes Group (LHG) is expanding beyond South Australia for the first time, acquiring two stand-alone Lutheran retirement villages and aged care homes in regional Victoria..

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Lauren Broomham

01 Jun 2025

Aged Care

Opal HealthCare’s cheeky marketing campaign inspires uptick in admissions

An Opal HealthCare advertising campaign featuring aged care residents living life to the full in the company of friends has not only sparked conversations about what it means to age well, it has resulted in increased enquiries and admissions in the locations the ads have been shown.

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Caroline Egan

29 May 2025

Aged Care

Juniper CEO Russell Bricknell: two changes must happen now before aged care system collapses

The CEO of the Not For Profit aged care provider said the sector is on the brink of collapse as a new Aged Care Act comes into being on 1 July. Russell said government policy has made it impossible to achieve a 10% return to justify new investment...

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More than 500 aged care patients in Queensland hospital beds - how many nationally?

Queensland’s Health Minister, Tim Nicholls, has demanded the Federal Government invest more in building aged care beds in the state, saying of the 783 hospital patients waiting for an aged care bed: “This is a Commonwealth responsibility.“

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Caroline Egan

29 May 2025