As part of the sharemarket cash raising aveo revealed its future projections for its 80 villages, covering 10,200 ILUs. 2008/9 capital growth in value of ILUs sold was 6%, but 5% is predicted to 2009/10. Their estimated discount rate has eased 1% to 12.5% in 2008/9. And they assume the next generation of residents will be older, with an average ILU tenure of just nine years and serviced apartments four years (considerably down from their current valuation model of 11.4 years and 5.4 years respectively).
Does this pass the pub test? Direct aged care workers awarded wages rises of up to 13.5% by Fair Work Commission – but indirect care workers only given up to 6.8%
Workers across residential aged care and home care will receive wages rises between 3.2% and 13.5% after the Fair Work Commission (FWC) determined on Friday that their work has historically been undervalued. The Stage 3 decision in the long-running...