‘Mandated Buybacks’ – what are they and what do they mean for villages?
(This background story is a repeat of an article in last week’s The VILLAGE MANAGER newsletter – mandated buybacks is…
Browsing: The Economy
New retirees up 6%, average age down to 58 years, says Roy Morgan
The market research group’s most recent Single Source survey revealed that the number of people intending to retire in the…
Ingenia sees 50 per cent increase in cash flow in first half of financial year
Simon Owen, CEO of Ingenia – which operates ‘affordable’ rental (retirement) villages, land lease communities and mixed-use holiday park communities…
Eight years and counting: ASIC wins landmark High Court appeal in Prime Trust case
The Australian Securities and Investments Commission (ASIC) had alleged former federal health minister Michael Wooldridge and other board members breached…
Senate inquiry into for-profit aged care providers calls for tax information to be made public
Insight if Labour wins the Federal election: the inquiry began in May after a report by the Tax Justice Network-Australia…
Heathley suspends plans for $528M REIT listing after market downturn
The property fund manager had been looking to raise around $224.6 million through a bookbuild last week but has deferred…
CoreLogic: 75.4% of houses selling for less than their original listed price
Over the three months to October 2018, 83.3% of properties in Sydney were sold for less than their listed purchase…
Australians are the richest people in the world – median wealth $191K
While the US is in the lead when it comes to global wealth, Australia has come out on top for…
Bill Shorten called out by the ABC Fact Check – $1.2B aged care funding cut ‘misleading’
In Parliamentary question time Bill Shorten asked: “Yesterday, the Prime Minister stated: we are committed to providing older Australians with…
Listed Retirement and care stocks remain down
There has been no bounce since the 17 and 24 September Four Corners aged care programs (except Japara that has…