LEADERS SUMMIT big calls

Across 20 speakers many big issues were canvassed, including:
1. The real age of today’s new village resident is 80
2. The main driver of joining a village is ‘health’
3. 75% of senior Australians cannot afford the modern village entry price
4. Villages are increasingly about independent care, not independent living
5. The real penetration rate of villages is 10.6%, not 5%
6. Many not for profit CEO’s understand their market more than private operator CEO’s
7. Village manager remuneration does not match their worth to the business
8. Village managers make successful villages and materially affect profitability
9. Residents will become increasingly demanding as they suffer increasing financial fear
10. The RVA needs to raise its membership rates by 400%
Next week we will have a more detailed review of the core points raised.