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Community Living

Only in SATURDAY: Assisted living comes of age (again) – it can be financially viable

1 min read

Reports of the death of serviced apartments are premature: assisted living is finding new life as a self-funded model. Find out how, only in SATURDAY, which costs $275 including GST ($25), less than a three-course meal at a restaurant in Melbourne, Sydney and Brisbane. SUBSCRIBE NOW

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Government Policy

RLC and StewartBrown lobbying sees retirement village operators’ proposed liquidity ratio cut from 10% to 2%

Daniel Gannon, Executive Director of the Retirement Living Council, said the Aged Care Quality and Safety Commission’s proposal to make residential aged care providers operating independent living units (ILUs) and retirement villages retain 10% of ILU and retirement village refundable amounts as liquid funds from 1 July this year, has been reduced to 2%.

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Ian Horswill
26 May 2025
Topic - Acquisitions
Mergers & Acquisitions

Aveo’s preferred buyer Scape reveals new senior housing business Living Co

Stephen Gaitanos, the Co-Founder, Managing Director and Group CEO of Scape Australia, the country’s leading residential-to-rent owner and operator, has told Mingtiandi’s Singapore Forum that the group will provide accommodation for seniors.

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Ian Horswill
19 May 2025
Sector Moves & People

ECH Chief Executive Claire Scapinello resigns after three years in role

In a surprise move, Claire has left South Australia’s largest retirement living provider just months after being elected Vice-President of the peak body, the Retirement Living Council, in February.

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Ian Horswill
22 May 2025
Redevelopments

$194M revamp of Uniting Wesley Gardens to deliver continuum of care on Sydney’s Northern Beaches

The existing residential care home will be demolished by the Not for Profit for retirement and independent living apartments, co-located with on-site support services, including a new aged care home. Simon Furness Uniting has considered the future...

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Ian Horswill
19 May 2025
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Development

Stockland launch its 27th over 50s land lease resort on QLD’s Sunshine Coast

When Stockland CEO Tarun Gupta announced the diversified developer had bought Dr Bevan Geissman and Paul Melville’s land lease community business Halcyon Group in July 2021 it had six established land lease communities, four communities in...

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Ian Horswill
13 hours ago
Development

$1M per bed: Victorian Govt completes Rutherglen aged care home

The Victorian Government has completed the $57.1 million construction of a 50-bed aged care home in Rutherglen, located 300km northeast of Melbourne, population 3,000., which equates to $1 million a bed..

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Caroline Egan
29 May 2025
Development

First sod turned on $60M Rockpool Hamilton Northshore aged care home in Brisbane

The private aged care operator founded by Bill Summers in 2016 has begun construction on the six-storey, 153-bed aged care home, with the first residents expected to move in early next year.

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Caroline Egan
29 May 2025
Development

Over 50% of Ryman Healthcare Australia’s final stage at Nellie Melba sold

Six years after its initial opening, Ryman Healthcare Australia is preparing to unveil the final stage of its Nellie Melba Retirement Village in Wheelers Hill, 25km southeast of Melbourne’s CBD – with over 50% of the new apartments already under...

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Lauren Broomham
26 May 2025
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