In Government we have the 12th Minister for Ageing in 14 years, Mark Butler (replacing Justine Elliott). He is reported to have given new life into the sectors relationship with the Department.
For once the industry is excited by Government through the Productivity Commissions inquiry; a lot of long time industry insiders are getting ready to celebrate a new era of Australian aged care.
At the same time the major care providers are still holding back in investing in bricks and mortar, all stating that it is a licence to lose money at the moment. Desperate shortages are predicted in beds within 2 years still in the current Government term.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...