User Profile

Chris
Baynes

Our big idea: co-located retirement villages can solve hospital ‘bed occupancy’ in 16 weeks

Across Australia 2,000 hospital beds now hold 2,000 older Australians getting sicker, waiting for an aged care bed. The cost: $1,500 to $2,000 per day. Could co-located retirement villages offer a solution?

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Chris Baynes

6 hours ago

Opinion

200,000 village residents in assisted living and private aged care within 5 years? Yes

Grant Corderoy tells our private aged care breakfasts that the DMF is likely on the way out and up front membership is the only way to be able to deliver the staff and services this new customer will demand. There will 200,000 of these customers swamping village ‘beds’ in the next 60 months.

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Chris Baynes

08 Sep 2025

Community Living

In Victoria, retirement villages will have Private Aged Care forced on them. Why?

Join us at one of our Ask The Experts Anything Private Aged Care complimentary breakfasts in September, in Brisbane, Sydney and Melbourne. Whether you are in strategy, development, finance, sales and marketing, all will be impacted.

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Chris Baynes

05 Aug 2025

Opinion

Across Australia there is a model of aged care where eager customers are lining up at the door to enter

These are retirement villages, not aged care homes, and we call it private aged care. While we have been banging on about this model for several years, we are seeing the early green shoots of a new, significant sector, being driven by the new...

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Chris Baynes

24 Jul 2025

Opinion

Are LDK, Odyssey and Anglicare the only visionaries in the retirement living sector?

Are you an executive in the retirement living sector? If yes, I strongly urge you to join our ‘Ask a visionary anything’ breakfasts in September (Sydney, Melbourne and Brisbane). We are a media group and get to speak to a wide range of...

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Chris Baynes

22 Jul 2025

Opinion

The law is an ass – and it has cost Lifestyle Communities $1.5 billion and counting

The tribunal in Victoria has ruled the contract requirement of departing residents from land lease operator Lifestyle Communities is void based on a legal/legislative wording, despite residents being well informed when they signed that contract...

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Chris Baynes

15 Jul 2025

Chris Baynes

Aveo transformation masterclass: turning $1.27B into $3.85B in 55 months

Today’s confirmation of the sale of Aveo is dated 26 June 2025. Brookfield took the keys to Aveo in November 2019, or four years and seven months ago. On first blush they made $2.58 billion profit in those 55 months, or did they make a lot more?...

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Chris Baynes

26 Jun 2025

Sector Moves & People

Stuart Nicolson returns to the retirement village sector to deliver high performance

One of the major figures in the sector through the 2000s to 2019, Stuart led Becton’s village portfolio, followed by M&A and private village investment portfolios. After an aged care stint he is in demand back in retirement living. Stuart has...

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Chris Baynes

16 Jun 2025

Opinion

It took a 28-year-old to reboot the retirement living sector – at speed

Adrian Puljich was 28 years of age when he conceived GemLife and then convinced Singapore diversified investment business Thakral Corporation to commit 50% of funds to create the business. Nine years later it is valued at $1.58 billion. How did he...

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Chris Baynes

16 Jun 2025

Aged Care

Tom Symondson’s next big thing: the continuum of ageing in Australia

As the new Aged Care Act nears implementation, Ageing Australia CEO Tom Symondson says it’s time to start talking about what comes next. At the 2025 LEADERS SUMMIT and in a recent interview with SATURDAY, Tom revealed that Ageing Australia has...

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Chris Baynes

12 Jun 2025

Aged Care

Plan T: urgent ‘transformation’ needed to future-proof aged care for residents and operators

With aged care home occupancy over 95%, 85,000-plus on home care wait lists, and thousands stuck in hospitals, Australia’s aged care system is already operating beyond capacity – and facing a demographic tidal wave.

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Chris Baynes

12 Jun 2025

Chris Baynes

Plan T: Transformation – an action plan for positive change in the aged care system is required

The aged care system is bogged down from years of rules and regulations piling on top of each other to the point where it is now grossly inefficient and failing to deliver optimum care equally across the country.

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Chris Baynes

12 Jun 2025

Community Living

Plan T: important ‘transformation’ required in the care system to support village residents (and operators)

StewartBrown research now states the average age of residents in retirement villages is 80 and the average age of departure is now 86; villages are firmly part of the care system – which is broken. Village operators need to support Plan T, the...

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Chris Baynes

10 Jun 2025