Not For Profits match the private sector

Dec 16 2007 Updated July 4, 2023

The Weekly Source

1 min read

The not for profit sector equals the private sectors aggressive expansion. BlueCare QLD kicked off 13 village developments worth $500 million and the Salvation Army (Eastern Command) kicked off approximately 8 villages worth $300 million, to name a few.

Retirement villages have Canberra’s attention – now the sector must prove its value

Three years after Daniel Gannon took the reins of the Retirement Living Council (RLC), the sector has achieved something his predecessor Ben Myers was never able to: national recognition in Canberra. This is just the fist step. Retirement villages now need to capitalise on this moment. Here’s how.

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Ian Horswill

02 Sep 2025

Legal Issues

NSW retirement village operators now required to file annual capital maintenance report

The NSW Government has finalised and published the Retirement Villages Regulation 2025 (NSW), bringing in a number of key changes for operators.

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Ian Horswill

02 Sep 2025

Mergers & Acquisitions

Scape’s Craig Carracher: Aveo deal cost closer to $4.5B, not $3.85B

Brookfield Asset Management hailed the sale of Aveo as the largest direct real estate transaction in Australian history, quoting a price tag of $3.85 billion.

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Ian Horswill

08 Sep 2025

Opinion

RIP: We are seeing the death of the family-run aged care operator

It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...

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Lauren Broomham

11 Sep 2025

Aged care front page of The Australian again

The story on the front page of this morning’s The Australian is bad and good news for the aged care sector. The bad news is that it is confirmation that operators are struggling to be viable, not only financially but operationally. The good news...

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ONLY IN SATURDAY: Chris Baynes’ explosive column

“Consolidation (of the aged care sector) is inevitable and the last one standing will be big,” DCM Group CEO Chris Baynes writes in the latest SATURDAY digital magazine, as Bolton Clarke becomes the Not for Profit’s largest RAC provider. The...

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