It was predicted at the recent RVA conference that NFPs will be taxes within five years. The stalemate in QLD may give an indication why. Blue Care has built a new 128 bed care facility in Labrador to replace its existing 40 year old non air conditioned home next door. But the Gold Coast Council is reportedly refusing to grant Blue Care a charity waiver on $500,000 in infrastructure fees and so preventing the residents transferring before summer. The Council says Blue Care is running a business, while Blue Care is falling back on its Not For Profit status.


Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
