Regis Managing Director and CEO Linda Mellors is steering Regis towards 10,000 beds by FY28. But with limited stock, soaring build costs and pressure on RADs, the path forward is as much about policy as strategy.

Australia’s largest listed aged care operator has a simple ambition: grow and grow fast. Regis wants to hit 10,000 beds within three years – a scale that Linda says is essential if the sector is to survive rising compliance, workforce shortages and the capital drain of older homes.

But the journey isn’t straightforward. The stock of quality homes is thin, new builds cost half a million dollars per bed, and looming reviews of RADs threaten the system that makes greenfield projects possible.