Topic - Editorial

Aveo media release

Jun 27 2017 Updated May 3, 2023

The Weekly Source

1 min read

GEG 2017_0627 - Media Release

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

23 Oct 2025

Mergers & Acquisitions

Prices for aged care homes in demand “far exceed” recent valuations

Aged care homes are selling for prices well above their most recent valuations, fuelling a surge in merger and acquisition (M&A) activity across the sector, according to aged care consultancy Pride Aged Living.

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Caroline Egan

29 Oct 2025

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.

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Aged care operator Hall & Prior in historic first

The $89 million Sister Kate’s Health and Aged Care Facility, on the in Queens Park, 11km from the CBD, will be developed by Hall & Prior Health & Aged Care Group in partnership with Sister Kate’s Children 1934–1953 Aboriginal...

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“One-size-fits-all reform will shrink rural aged care,” warns regional provider

Regional aged care models risk being collateral damage under the new Support at Home system, with co-contribution rules and transport pricing threatening both consumer access and provider viability, warns Staying in Place coordinator Helen Morton...

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Uniting NSW.ACT and Wyanga Aboriginal Aged Care to build aged care home afer buying site for $1

The City of Sydney Council will award the site, currently a $20 million 55-space car park in Sydney’s inner west, to the Uniting NSW.ACT and Wyanga Aboriginal Aged Care for a nominal fee of $1.

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Caroline Egan

30 Oct 2025