Bidders in ‘final due diligence’ for Aveo sale, says Street Talk
The AFR’s rumour-mill section, Street Talk, reports that private equity organisation Blackstone and another buy-out fund were granted ‘preferred bidder’…
Browsing: In the Headlines
A new entrant to the retirement sector? Family plans to pitch village for construction on vacant Brisbane flood plain property
A family who purchased a large, vacant block of land in Yeronga (8.5 kilometres outside the centre of Brisbane CBD…
Australian-first trial of CCTV in aged care facilities to begin in SA
The Federal Government will invest $500,000 in a 12-month trial of the surveillance and monitoring system, which will run across…
Attention: QLD village operators – Retirement Living Council releases survey on mandated buyback announcement
As we reported here last week, the QLD Government passed legislative amendments requiring the mandatory buyback of all retirement village…
Catholic Healthcare to construct $27 million aged care development in south-west Sydney
The not-for-profit provider – which has 41 residential aged care homes, eight retirement villages and provides home care services across…
Aged care workers aren’t meeting flu vaccination recommendations
A 2018 Australian Aged Care Quality Agency-led national review into infectious disease management practices and vaccination rates in aged care…
QLD Government settles on 18 months mandated buybacks for retirement villages
Queenslanders who “terminate their right” to reside in a retirement village will be paid for their homes after 18 months…
Benhome to become part of Royal Freemasons’ Benevolent Institution (RFBI)
The Maitland Benevolent Society (MBS) has announced the sale of Benhome residential and home care services to the not-for-profit provider…
111-bed aged care facility planned for south Sydney gets funding boost
The new three-storey Georges Estate Health and Aged Care facility will be constructed in Penshurst – 30 minutes south of…
Locals form action group against Catholic Healthcare proposal for $169m Sydney aged care facility
Consumer advocacy: The not-for-profit provider wants to build a 144-bed, 12-storey senior living facility in the inner-western Sydney suburb of…