Lend Lease Primelife reveals OK 2008 and improving 2009 sales

Aug 20 2009 Updated July 4, 2023

The Weekly Source

1 min read

LLPs report to institutional investors revealed its sales had declined from 818 ILUs in financial year 2008 to 668 ILUs to June 2009, a drop of just 18%. This compares with reports of up to 40% drop in sales for other operators. In fact their resales have increased from 35 per month in 2008 to 40 per month this financial year with an average sale rate of $298,000, a 10% price growth.

Keyton’s thought leadership in a sea of misunderstanding on what retirement villages are

Why has Keyton for the second year financed a Future of Retirement Living roundtable in Canberra plus a full page in the Australian? They identify two major problems: bureaucrats still don’t understand what retirement villages are and don’t...

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Ian Horswill

21 Oct 2025

Government Policy

No excuse for providers to not be ready on 1 November: Aged Care Minister Sam Rae

Aged Care Minister Sam Rae has told ABC radio the Aged Care Rules have been in place for “a significant amount of time” and the Government has been listening to and supporting to the sector, “so, there really isn’t an excuse from any provider to not be prepared for 1 November”.

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Caroline Egan

23 Oct 2025

Mergers & Acquisitions

Aged care consolidation continues: Regis Aged Care on the march

The ASX-listed operator has entered into binding agreements to acquire family-owned OC Health’s two remaining aged care homes for $45 million plus a $36 million liability for RADs. The purchase of Ocean Mist, in Torquay, a seaside town southwest of...

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Caroline Egan

23 Oct 2025

Opinion

Aged care beds going backwards – where’s the outrage?

StewartBrown just dropped a number that should jolt the sector: average time on a Home Care Package has plunged from 3.6 years in FY24 to 2.4 in FY25. That’s not a tweak – it’s a cliff. And it speaks to the same uncomfortable truth across...

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Lauren Broomham

23 Oct 2025

iLiquid’s My Aged Care contract tops $30M after 16th extension

The Department of Health and Aged Care has extended its deal with digital consultancy iLiquid Pty Ltd to “operate and enhance” the My Aged Care website for a further six months, adding $2.7 million and taking the total contract value to $30.6 million.

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Health Dept grants second eNRMC extension, avoiding aged care prescribing chaos

The Department of Health, Disability and Ageing has granted a further extension to the eNRMC transitional arrangements, allowing non-conforming Electronic Residential Medication Chart systems to continue issuing prescriptions until 31 December 2025.

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Under the hood of Services Australia’s new aged care systems – and good news

When a leading WA provider told The Weekly SOURCE they couldn’t see Support at Home contribution rates by 1 October – the Reform Roadmap deadline – we asked Services Australia for comment.

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Is prevention – and Hospital in the Home – the only cure for an ailing health system?

Australia needs more aged care beds and more Home Care Packages – but we also need to stop treating hospitals as the first and last resort. That means a focus on prevention – and on alternative models like Hospital in the Home.

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Lauren Broomham

09 Oct 2025