User Profile

Chris
Baynes

Plan T: important ‘transformation’ required in the care system to support village residents (and operators)

StewartBrown research now states the average age of residents in retirement villages is 80 and the average age of departure is now 86; villages are firmly part of the care system – which is broken. Village operators need to support Plan T, the...

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Plan T: Transformation (required)

The sheer magnitude of aged care demand requires a transformation strategy, including retirement villages, but it’s also about the nature and quality of care. Based on the facts that home care has waiting lists of 90,000-plus and aged care beds...

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Tom Symondson’s next big thing: the continuum of ageing in Australia

The Ageing Australia CEO is looking beyond the recommendations of the Royal Commission and the implementation of the New Act. It’s time to talk about the future of ageing in Australia. At the LEADERS SUMMIT and in a conversation with SATURDAY this...

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Aged care transformation? Jim Chalmers says he is on board

On Wednesday night (4 June) on the ABC’s 7.30 program, the Treasurer was emphatic that clearing out regulatory tangles is a major priority, as is attention on the care economy. Time for Plan T: Transformation. JIM CHALMERS: “Let’s not dismiss...

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Plan T: a vision for change

Let’s admit it. The design of the retirement living and aged care systems are no longer fit for purpose. It is time to step outside. Plan T: Transformation is required Today we have an aged care system that is bogged down from years of rules and...

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Chris Baynes

06 Jun 2025

Opinion

Will AI be the workforce saviour for delivering home care into retirement villages?

It is our 100th edition, and we are looking forward at what is known to be coming and what the leading thinkers say is required across retirement living, home care and residential care to deliver best client outcomes, a positive bottom line and...

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Chris Baynes

02 Jun 2025

Community Living

British village developers exit the back streets and head to the retail high street to deliver cash flow and community

While the UK village sector is young, it is learning and expanding fast, led by the likes of French insurer Axa and Goldman Sachs. France is bigger and more corporatised in the retirement village and aged care sectors than most of us are aware. They...

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Chris Baynes

05 May 2025

Selling

Stockland delivers 500 new land lease home sales a year with 20%+ margin

Seniors accommodation has worked out very well for Stockland after abandoning retirement villages, with a big development pipeline, big sales numbers and big development profit in its relatively new land lease business. Its Q3 ASX results have...

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Chris Baynes

05 May 2025

Selling

Ryman continues to sell off its Australian land bank, with the disposal of spare space next to its first village in Wheelers Hill

Ryman Healthcare has taken a reported $9.1 million for 9,065sqm adjacent to its Nellie Melba village, which is now one of Australia’s largest. The disposal is in line with the NZ operator’s scaling back on expansion plans after it came undone in...

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Chris Baynes

05 May 2025

Opinion

Mirvac now has new land lease homes priced at $580K for Baby Boomers vs $750K+ for new families

Perhaps Mirvac and Stockland will be the channel to this market, given they are slicing off sections of their greenfield developments for Over 50s land lease. For instance, Mirvac has sliced off 200 lots off its Everleigh, Brisbane greenfield

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Chris Baynes

05 May 2025

Government Policy

The Retirement Living Council has been on a media blitz calling for ‘the right policy at the right time’ – to support seniors downsizing to retirement villages

RLC Executive Director Daniel Gannon has been featured across all medias spruiking the community benefit of raising the Age Pension Asset Cap from $315,00 to $550,000 and raising the Commonwealth Rent Assistance (CRA) from $252,000. The Age Pension...

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Chris Baynes

28 Apr 2025

Redevelopments

800 people object to Forestville RSL redevelopment with retirement village units to replace declining gambling income

With the Board looking to the future of less poker machine income and submitting a new clubhouse and 55 village apartments, a petition with 800 signatures and counting is being submitted to Council as a DA objection to the $77 million...

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Chris Baynes

28 Apr 2025

Opinion

Masterclass in the future demand for retirement living – invest in assisted living!

I am on holidays, which has given me some quiet time to go back over the presentations at the LEADERS SUMMIT, and the graph above and below jumped out at me from Cam Ansell’s presentation. Check the growth in Assisted Living. Cam is the Founder...

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Chris Baynes

28 Apr 2025