Following the close engagement of the state residents association with the Department of Fair Trading in the development of the Standard Form retirement village contract, the NSW Governments Department of Fair Trading has provided a grant of $25,000 per year for three years to the States residents association, RVRA. The grant money is to be spent on peer support, education and advocacy for residents, but not for general administration purposes.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...