Rob Hankins new ACSA National President

Nov 11 2011 Updated July 4, 2023

The Weekly Source

1 min read

ACSA has had a changing of the guard with Klaus Zimmerman stepping down for fellow South Australian, with Rob Hankins (CEO of ECH) taking over the reigns as ACSA President. Ray Glickman (CEO of Amana Living WA), was voted in as Vice President at the November 4 AGM. Anglicare SAs Marcus Riley and Peter Wright of Ballycara (QLD) also join the Board while Ross Smith (recently retired from RSL Care QLD) departs.

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

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Ian Horswill

07 Jul 2025

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

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Ian Horswill

07 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

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Lauren Broomham

03 Jul 2025

Mergers & Acquisitions

Three years after $1B+ valuation, RetireAustralia faces $850M sale

Infratil and NZ Super put its jointly owned business RetireAustralia on the market in March 2022 with a reported price tag of over $1 billion. With its profits soring, the joint owners announced it was off the market in December 2023. In April last...

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Ian Horswill

08 Jul 2025

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

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NSW Fair Trading will continue unannounced compliance visits for retirement villages

NSW Fair Trading Principal Inspector Lynn Evans and Senior Inspector Joel Elliott told of their work in retirement villages at the latest DCM Institute Lunch & Learn webinar series last Wednesday. Joel said the unannounced visits would continue...

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Ian Horswill

3 hours ago

The Weekly SOURCE

Sector Moves & People

Group Homes Australia rebrands as it seeks to form more partnerships

The innovative dementia care operator known for their small household model is rebranding as Videri Australia. “Videri means ‘to be seen’,” said Leah Gabolinscy, Chief Executive Officer. “Our approach goes beyond meeting basic needs; we...

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Ian Horswill

12 hours ago