Well over $1 billion has been written off as values as falling sales and poor sentiment has taken a toll on what had been a boom market sector. There are encouraging signals, however with indication the worst is over with sales rates beginning to improve and new equity coming into the industry.
Australian Senate votes for two separate inquiries into aged care reform
The Senate has voted to establish two new Senate inquiries into the Government’s historic aged care reforms, rollout out on the weekend after years of preparation, amid concerns they will not deliver for older Australians.