StewartBrown argues the aged care sector needs to be ‘viable’, ‘sustainable’ and ‘investable’. The first two are within reach – but the third remains a lofty goal.

Let’s be clear: aged care doesn’t just need more funding. It needs to be investable again. And to get there, we need a transformation.

As we reflect in this Mid-Year Review issue, 2025 is already shaping up as a pivotal year. In land lease and retirement living, optimism abounds: GemLife has landed on the ASX; Scape is steering Australia’s largest retirement village portfolio Aveo; and capital continues to flow.

But aged care? The headlines are grimmer.