Archive
Number of reverse mortgages now 42,000 and worth $3.3B
Jun 24 2012
1 min read
The Weekly Source

Rather than buying into a village, 3,800 ageing Australians took out a reverse mortgage last year, according to research by Deloitte. The average age is 75. This compares to over 12,000 ILU sales last year however.

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Home Care

Breaking down silos: Whiddon’s regional pilots are transforming aged care

Six 12-week Collaborative Health Care (CHC) Initiative pilots are now live across regional NSW, bringing aged care providers, hospitals, insurers, and Government agencies together to tackle some of the biggest pressure points in health and aged care.

Lauren Broomham
11 hours ago
Topic - Aged Care

66 recipients of Aged Care Capital Assistance Program grants announced

The Australia Government has announced 66 recipients of its Aged Care Capital Assistance Program with grants worth $300 million. The largest - a grant of more than $50 million - has gone to Southern Cross Care (QLD) to build a new 94-bed residential care home in Broken Hill, NSW.

Caroline Egan
13 hours ago
The Weekly SOURCE

Would you invest in a business with zero margin?

The latest AN-ACC prices and weightings, released late last Friday, confirmed what many feared: after an initial uplift, the clawback has begun. Operators who saw gains since AN-ACC’s 2023 launch now face funding being stripped back. 

Lauren Broomham
15 hours ago
The Weekly SOURCE

Elevator Pitch Mini-series | Future-Proofing Operations

Suppliers helping aged care providers stay efficient, compliant, and financially sustainable. Aged care and retirement living operators face rising costs, tougher regulation, and higher expectations from residents and families. Meeting these...

Group Editor
15 hours ago