NZ: Ryman gives care staff $2 an hour pay boost
Staff at the NZX-listed provider’s New Zealand retirement villages have been told in an email that they will get a…
Browsing: Money
Ansell Strategic warns of “imminent” collapse of residential aged care homes – $9 billion in RADs at risk over next 9 months
The advisory firm has researched the international aged care sector experience with COVID-19 and modelled what Australia can expect across…
StewartBrown launches special newsletter to update providers on tax and assistance packages
The newsletter for March contains details about the Government’s new $17.6 billion economic stimulus package and its measures to encourage…
How will the share market crash impact retirement village sales?
Over the past 14 days the Australian share market has fallen by 19.6%. The impact of China closing from late…
Ingenia delivers 40% rise in EBIT to $32.2M, plus 4,260 development sites
The listed land lease operator is continuing to kick goals, revealing a 52% jump in its underlying profit to $26.5…
Japara’s HY profits drops 28% to $5.42M on back of Royal Commission and financial pressure on sector
The listed provider is facing the same challenges as Regis and Estia, recording a fall in its NPAT from $7.6…
Bupa faces down $72M loss for its Australian aged care homes – 541% drop from 2018
It has been a bad year for Bupa. 15 of its 72 Australian aged care homes were sanctioned by the…
Lendlease Retirement achieves 14% increase in resales, back to pre-Four Corners levels
The just-released Lendlease retirement sales reveal that the largest village operator in the country has returned to sales levels equal…
Lifestyle Communities’ HY profit falls 36.5% to $15M on planning delays – but still on track to meet FY targets
The land lease operator’s revenue fell to $40 million from $63 million 12 months ago on the back of a…
Deputy PM personally lobbied PM and Aged Care Minister for $120K to keep open Victorian aged care home in Nationals electorate – Labor says facilities in its electorates denied funding
Days after the Nationals leadership spill in January, Nationals Leader Michael McCormack (pictured inset) personally asked Scott Morrison and Senator…