RetireAustralia has just commenced the $5 million construction of a new 1600sqm country club at its Forresters Beach Retirement Village, nearby its three other Central Coast villages. CEO Glen Brown says they have invested $20 million across the Central Coast in the past 12 months, building 60 new ILUs. At Forresters Beach they are currently building 24 ILUs, with 16 presold. Over the next seven years they plan to build 450 ILUs in the region with a capital expenditure of $160M


RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
