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
These new retirement villages show providing care is here and now
Gone are the days when retirement living was defined by community centres, swimming pools and bowling greens. While these amenities still exist – the provision of care is now a core part of the value proposition. Hyegrove Willoughby on Sydney’s...
