Seniors on Queenslands Sunshine Coast will be eligible for a 50% discount on their council rates and charges under a new seniors policy unveiled by colourful mayor contender Big Bob Abbot, in his race for the top job at the new Sunshine Coast Regional Council, an amalgamation of Caloundra, Maroochy and Noosa councils. The policy is sure to be popular with the regions older voters but is it sustainable in the longer term? Its forecast the region can expect a 250% increase in the number of seniors in the next 15 years, compared to the anticipated state average increase of 150% over the same period. Somebody will have to pay for the increased demand on services. Will this hold potential village residents back?
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...