No comment on Japara sale
Its understood privately-held Japaras main lender, the ANZ, which banks a large chunk of the aged care sector, is driving…
Browsing: News & Issues
Victorian hospital provider, Healthscope, shares jumped 17% with news of takeover bid
Shares in Healthscope Ltd hit a high of $5.28 last week on the ASX, when news broke about a possible…
Rod Fehring moves from Lend Lease to Australand
After successfully steering Lend lease into full ownership of Primelife in just 12 months, Rod Fehring has made his next…
Ground soon to be broken on Australian Unity’s $150 million village
The construction of Australian Unity’s Mornington Peninsula Grange village is due to start in April. With over 280 villas, the…
ACT draft retirement villages legislation
The ACT government has tabled draft legislation which would give village residents access to a tribunal. The Territory is currently…
Not for profits given a break by the Henry tax review – no changes to charitable status
The Rudd Government did not take up the recommendation from Dr. Henry’s tax review for charities to lose key FBT…
Uniting Aged Care Victoria & Tasmania expanding aggressively
UACV&T is going against the trend and is breaking ground on a $17.6 million residential and community services facility in…
Stockland clarifies it has perpetual first right on Aveo
In its Half Yearly report Stockland also states it has perpetual first right of refusal over retirement living assets of…
Nurses union pushes for higher nurse/aged care resident ratio
The Australian Nursing Federation has commenced lobbying for a ratio of one registered nurse for every seven aged care residents,…
A good year for Justin Laboo and Aveo Live Well
Another winner this year has to be Aveos Justin Laboo. This time last year he had Stockland prowling for a…