Vic: Affordable housing units opened for Parkdale seniors

Jul 12 2010 Updated July 4, 2023

The Weekly Source

1 min read

16 new affordable housing one-bedroom units for seniors in Parkdale have been opened. The $3.7 million investment enabled the original three-story building to be replaced with 16 modern units.

Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care

For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...

Lauren Broomham

24 Apr 2024

Opinion

Shared Care closer than we may think for retirement villages – will independent living fade away?

Over the weekend I was trawling through the slide deck of the Department of Health and Aged Care webinar in February discussing the future direction of Home Care and Support at Home. Hidden on about slide 46 was the clipping above which clearly...

Chris Baynes

30 Apr 2024

Opinion

Three big questions the Budget must answer for aged care sector executives to move forward. Time for bravery?

With the Federal Budget now just 12 days away, there remains several unanswered questions that are weighing on boards and executives across the aged care sector. Despite the Aged Care Taskforce, chaired by the Aged Care Minister Anika Wells, handing...

Lauren Broomham

02 May 2024

Government Policy

Aged Care Minister Mark Butler’s big change for residential aged care

The Minister for Health and Aged Care Mark Butler announced during the week that pharmacists will be funded by the Government to go into residential aged care homes and deliver vaccines to residents for free, a measure that was previously only...

Caroline Egan

24 Apr 2024

Healthcare Australia buys home care provider My Care Solution

South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...

Caroline Egan

02 May 2024

Acquisitions

Aspen Group ups its offer to buy seniors rental operator Eureka

Aspen offered 0.28 of its own shares for every Eureka share, in a best-and-final bid that has no minimum acceptance conditions and runs until 28 May. It’s an increase from the 0.26 ratio it offered earlier, which has been rejected by the board and...

Ian Horswill

02 May 2024

Acquisitions

Lifestyle Communities buy land for 740 more homes as home sales fall by 16% as customers struggle to sell their homes

Co-Founder and Managing Director James Kelly said the business had bought three pieces of land named in the $275 million capital raising presentation in February 2024. “Subject to successful completion of due diligence and execution of binding...

Ian Horswill

29 Apr 2024

Acquisitions

Corless Group buy land approved for a Country Club Living retirement village

The 24ha site in Warrnambool, a city on the Great Ocean Road, 265km southwest of Melbourne’s CBD, had approval in December 2022 to become Warrnambool Shores Country Club, the 11th such development from Stewart Gull’s Country Club Living. The site...

Ian Horswill

29 Apr 2024