NSW: Southern Cross Retirement village to open $16 million two storey apartments in rural Young

Jul 27 2010 Updated July 4, 2023

The Weekly Source

1 min read

The Southern Cross Retirement Village in Young, NSW will officially open its $16 million, two storey apartment project this week. New facilities include independent living and a special care unit.

Brookfield sells retirement village operator Aveo for $3.85B

Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...

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Ian Horswill

26 Jun 2025

Legal Issues

VCAT rules Lifestyle Communities’ DMF model illegal

Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...

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What does the ‘voiding’ of the land lease DMF in Victoria mean for retirement villages?

By our calculation up to 35-40% of retirement village contracts could have their DMFs voided as well if applied across the country. We can’t see this actually happening but we do believe lawyers received a mid year Christmas present yesterday when...

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Chris Baynes

08 Jul 2025

Aged Care

Australia’s top 25 residential aged care providers ranked: KPMG

KPMG’s eighth annual review of the Australian aged care market features the ranking of the top 25 residential aged care providers, with Opal HealthCare retaining its number one spot.

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Caroline Egan

26 Jun 2025

St Vincent’s Health Australia still determining what data taken by hacker

“We are managing some important network disruptions as part of our remediation works,“ St Vincent’s Health Australia said in its latest statement

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Ian Horswill

10 Jan 2024

The Daily RESOURCE

Aged care homes on Sydney’s Northern Beaches directed to ban visitors after NSW records five new COVID-19 cases – one an aged care worker

NSW has recorded a further five COVID-19 cases overnight after a 45-year-old man was the first confirmed case of community transmission in more than two weeks on Wednesday. NSW Health has confirmed two Northern Beaches residents returned positive...

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The Weekly Source

17 Dec 2020

The Daily RESOURCE

Aged care regulator notches up record 5,500 assessments in September quarter – but most contacts carried out remotely

You can check out the report here

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The Weekly Source

17 Dec 2020

The Daily RESOURCE

Aged Care Minister pledges to release reports into COVID outbreaks at St Basil’s and Heritage Care’s Epping Gardens before Christmas – confirms he wants to stay in portfolio

As we reported here last week, Labor has been pushing the Government to release the independent reports which were completed in November and were due to be released on 30 November (three weeks ago). St. Basil’s Home for the Aged in Fawkner and...

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The Weekly Source

17 Dec 2020