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.

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

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Ian Horswill

07 Jul 2025

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

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Ian Horswill

07 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

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Lauren Broomham

03 Jul 2025

Mergers & Acquisitions

Three years after $1B+ valuation, RetireAustralia faces $850M sale

Infratil and NZ Super put its jointly owned business RetireAustralia on the market in March 2022 with a reported price tag of over $1 billion. With its profits soring, the joint owners announced it was off the market in December 2023. In April last...

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Ian Horswill

08 Jul 2025

Group Homes Australia rebrands as it seeks to form more partnerships

The innovative dementia care operator known for their small household model is rebranding as Videri Australia. “Videri means ‘to be seen’,” said Leah Gabolinscy, Chief Executive Officer. “Our approach goes beyond meeting basic needs; we...

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Ian Horswill

13 hours ago

Sector Moves & People

Appointments: Brian Wong rejoins Westpac after six years at CommBank

Brian, who is a familiar face at DCM Group’s LEADERS SUMMIT, has left his role as CommBank’s National Director of Healthcare after six years’ service.

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Ian Horswill

20 hours ago

Sector Moves & People

Ex-Fresh Hope Communities CEO Dan Dwyer finds new interim role

Anglicare Sydney CEO Simon Miller took Dan to visit Donington Court, Brian King Gardens and Warrina residential aged care homes at its Castle Hill site in Sydney’s northwest. The Weekly SOURCE reported in April the Not For Profit has lodged a State...

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Ian Horswill

03 Jul 2025

Sector Moves & People

Respect Aged Care CEO Jason Binder appointed to Ageing Australia board

The leader of the Not For Profit aged care turnaround specialists will replace Stephen Muggleton, who retired as Group CEO of Bolton Clarke on 30 June 2025. Jason’s appointment as a Multi-State Director took effect on 1 July, with his term set to...

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Caroline Egan

02 Jul 2025