Perhaps the most contentious and expensive regulation changes to the village sector for some years will come to the next week when the New South Wales government announces its new regulations, particularly on capital costs, and many being surprise amendments. The RVA at short notice engaged the industry to present a balanced view of village operations viability - affecting both for-profit and private operators. Many operators are unaware of the challenge to the viability of their businesses.
Opinion
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.
