Land Lease developer Ingenia posts strong results for FY17 with $32.1M EBIT
That’s an increase of 32.6% on the previous year, while their new home settlements hit 211 – a huge 97%…
Browsing: The Economy
Lifestyle Communities lifts its underlying profits by 48% to $25M
Valuation gains have raised the ASX-listed land lease operator’s profits after tax by 44% to $27.7M, plus a record 278…
Retirement living sector to lead national construction in 2017/18, ANZ/Property Council survey finds
The latest ANZ/Property Council Survey for the September quarter has found the village sector can expect the most construction activity…
Better Caring flags possible future IPO and national expansion
The Australian is reporting that Peter Scutt’s disruption model is keen to expand its services ahead of a potential share…
NZ village operator Arvida doubles annual profits to $53.7M
Following our story on CEO Bill McDonald’s LEADERS SUMMIT presentation here last week, the private operator announced its net profit…
UK PM Theresa May backtracks on aged care ‘death tax’ after nine-point drop in poll lead
The PM is now promising that a future Conservative government would put a cap on care costs, after an announcement…
The aged care workforce – little money, less appeal
The newly released 2016 National Aged Care Workforce Census and Survey states building the aged care workforce is ‘working well’.…
Nick Loudon challenges retirement village owners to embrace ‘change’ and ‘transparency’, for profit
At our LEADERS SUMMIT Nick Loudon, CEO of Seasons Private Aged Care, gave a strong presentation on the need for…
KPMG report: more Aussies forced to sell family home to pay for aged care
The global consultancy firm has released a new report warning that the expectation of parents that they will be able…
New entrant Bain Capital Credit makes move into aged care with $250M commitment to WA’s Craigcare
The global credit specialist has made its first investment in the sector, paying between $50M and $100M for the family-run…