Topic - Acquisitions

KPMG developing new retirement village fees comparison calculator for NSW

Jan 24 2017 Updated May 3, 2023

The Weekly Source

1 min read

The firm has spent the last six months working with NSW Fair Trading to develop an ‘online calculator’ designed to make it easier for potential residents to compare village fees and charges.

The calculator will provide a series of questions relating to a village contract and apply a range of assumptions to estimate the costs.

A spokesperson for NSW Fair Trading says they expect the calculator to be ready for release in the first half of 2017.

Pocock wins fight for Senate inquiry into home care delays and aged care reform

ACT Independent Senator David Pocock’s push for a Senate Inquiry into aged care reform delays and the withholding of Home Care Packages secured backing from the Coalition, Greens, and Independents yesterday (Monday 28 July), ensuring the inquiry will proceed.

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Caroline Egan

29 Jul 2025

Mergers & Acquisitions

RSL Care SA buys Hallmont Estate’s two retirement villages in Mount Gambier, SA

The Not For Profit organisation, which operates retirement living, social housing and residential care in South Australia, has bought Woodlands Grove and Hallmont Estate Mount Gambier, in the second most populous city in the state, which lies 450km...

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Ian Horswill

22 Jul 2025

Mergers & Acquisitions

Regis Aged Care buys Rockpool’s four aged care homes for $225,000 per bed

Regis has acquired Rockpool’s four aged care homes boosting its homes to 72. Regis’ MD and CEO Dr Linda Mellors said, “This acquisition aligns with our strategy to broaden our residential aged care footprint”, while Rockpool CEO Melissa Argent said she is proud of what Rockpool has created.

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Caroline Egan

24 Jul 2025

Legal Issues

Lifestyle Communities CEO Henry Ruiz: VCAT ruling will have “implications for the sector”

On 20 July, the publication gave Lifestyle Communities CEO Henry Ruiz, who only took on the role in March, permission to write a simialr length article rebutting all of the claims in Lloyd’s article, headlined “Lifestyle Communities’ fees show...

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Ian Horswill

21 Jul 2025

Apollo Care confirms 14th community with regional NSW acquisition

At a special meeting held last Thursday, 24 July 2025, the board of Quirindi Care Services (QCS) voted in favour of its Eloura aged care home and its two blocks of independent living units joining specialist aged care operator Apollo Care Alliance.

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Caroline Egan

30 Jul 2025

Mergers & Acquisitions

Whiddon expands to 23 homes with second site in Maclean, NSW

Whiddon has announced it will acquire family-owned, standalone Mareeba Aged Care Home in Maclean, northeast of Sydney, demonstrating the operator’s commitment to regional aged care, Whiddon CEO Chris Mamarelis said, “We’re thrilled to welcome Mareeba into the Whiddon family.”

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Caroline Egan

30 Jul 2025

Mergers & Acquisitions

Changes at Rockpool HO flagged after Regis Aged Care acquisitions

Corporate roles at Rockpool could affected by the ASX-listed Regis Aged Care’s acquisition of four homes, says CEO Melissa Argent. “The sale will not impact frontline roles, including nurses, carers, and support team members,“ she wrote. ”However, a small number of corporate roles will be affected.“

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Caroline Egan

30 Jul 2025

Mergers & Acquisitions

Aveo owner Scape reportedly among frontrunners for Lendlease’s share in Keyton

Fresh off completing its $3.85 billion purchase of retirement village operator Aveo, Scape Australia is reportedly in a four-way bidding battle for Lendlease’s 25.1% stake in Keyton, valued at around $500 million. The Australian Financial Review...

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Ian Horswill

28 Jul 2025