User Profile

Chris
Baynes

Across Australia there is a model of aged care where eager customers are lining up at the door to enter

These are retirement villages, not aged care homes, and we call it private aged care. While we have been banging on about this model for several years, we are seeing the early green shoots of a new, significant sector, being driven by the new...

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Chris Baynes

7 hours ago

Opinion

Are LDK, Odyssey and Anglicare the only visionaries in the retirement living sector?

Are you an executive in the retirement living sector? If yes, I strongly urge you to join our ‘Ask a visionary anything’ breakfasts in September (Sydney, Melbourne and Brisbane). We are a media group and get to speak to a wide range of...

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Chris Baynes

22 Jul 2025

Opinion

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

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Chris Baynes

15 Jul 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Stuart Nicholson returns to the retirement village sector to deliver high performance

One of the major figures in the sector through the 2000s to 2019, Stuart led Becton’s village portfolio, followed by M&A and private village investment portfolios. After an aged care stint he is in demand back in retirement living. Stuart has...

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Chris Baynes

16 Jun 2025

Opinion

It took a 28-year-old to reboot the retirement living sector – at speed

Adrian Puljich was 28 years of age when he conceived GemLife and then convinced Singapore diversified investment business Thakral Corporation to commit 50% of funds to create the business. Nine years later it is valued at $1.58 billion. How did he...

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Chris Baynes

16 Jun 2025

Aged Care

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

As the new Aged Care Act nears implementation, Ageing Australia CEO Tom Symondson says it’s time to start talking about what comes next. At the 2025 LEADERS SUMMIT and in a recent interview with SATURDAY, Tom revealed that Ageing Australia has...

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Chris Baynes

12 Jun 2025

Aged Care

Plan T: urgent ‘transformation’ needed to future-proof aged care for residents and operators

With aged care home occupancy over 95%, 85,000-plus on home care wait lists, and thousands stuck in hospitals, Australia’s aged care system is already operating beyond capacity – and facing a demographic tidal wave.

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Chris Baynes

12 Jun 2025

Chris Baynes

Plan T: Transformation – an action plan for positive change in the aged care system is required

The aged care system is bogged down from years of rules and regulations piling on top of each other to the point where it is now grossly inefficient and failing to deliver optimum care equally across the country.

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Chris Baynes

12 Jun 2025

Community Living

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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Chris Baynes

06 Jun 2025