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Importance of Residents Associations and operators uniting to seek a better future

1 min read

Ian Green, the Chairperson of the recently formed Tasmanian Association for Residents of Retirement Villages (TARRV), has met with Mark Eagleston, Chief of Retirement Living at Respect as the State reviews its Retirement Villages Act.

Ian visited Mark at Respect’s new $30 million facility Reed Estate in Launceston. Afterwards, Mark said he had offered TARRV any of Respect’s villages to hold a meeting.

He said the following occurred:

  • TARRV are keen to ensure there is more transparency and communication as a part of any legislative reforms in Tasmania – a measure that Mark and Respect are fully supportive of;
  • The view is to look at replicating the Victorian legislation in relation to how Recurrent Charges can be increased and the approval process required to ensure residents are protected from unreasonable recurrent charge increases;
  • Whilst supportive of the move to mirror the Victorian legislation, there are some elements in it which need ironing out that currently are an administrative burden which TARRV agree with and want to put a joint statement to the Attorney General to this effect.

“It is very heartening at present to see stakeholders being operators, residents and government all committed to consultation and discussion on any reforms to ensure we get the best possible outcome for resident protection and the long-term viability of the industry in Tasmania,” said Mark.

The Retirement Living Council (RLC), an arm of the Property Council, has met with key parliamentary and resident stakeholders since the announcement of the review.

The SOURCE: If the views of operators and residents associations align, then it bodes well for the future.