Buying

One bullet hole, extensive damage to aged care room

Feb 09 2016 Updated May 3, 2023

The Weekly Source

1 min read

Last Tuesday a single bullet travelled through the window of a Bethania (SE QLD) aged care room, missing the 92-year-old male resident. However it did damage his curtains, television, his wardrobe and plasterboard wall. Police are investigating.

It must have been a substantial bullet.

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...

Ian Horswill

22 Apr 2024

Acquisitions

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

576 village sellers are waking up: buyers are knocking on doors as the demand and supply penny drops on seniors accommodation

With Aveo selling 16 villages and RetireAustralia, with 29 villages, now also up for full sale (again), we hear a lot about these big players in seniors accommodation, but little about the little guys – and there are a lot of them. In fact we have...

Chris Baynes

22 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

Webstercare to host free MedSig webinars

Leading medication management provider Webstercare has announced it will hold a series of free, 45-minute webinars in May focused on refreshing participants’ knowledge on the MedSig and MedSig Admin platforms. The webinars will cater to the needs of...

Caroline Egan

02 May 2024

Government Policy

Labor’s aged care promises when elected - how have they done?

When Anthony Albanese’s Labor Government came to power in 2022, they did so, in part, on the promise of fixing Australia’s aged care system. In the wake of the Royal Commission into Aged Care Quality and Safety and a Government that had been in...

Caroline Egan

02 May 2024

The Weekly SOURCE

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

‘Great news’ for seniors’ housing in new NSW Transport Oriented Development planning reforms

The call by planners to include seniors housing, including residential aged care and co-located aged care and independent living, in the new building zones around 37 railway stations as part of changes to the Housing SEPP has been agreed. The...

Ian Horswill

02 May 2024