NZ: Ryman unveils plans for its 24th retirement village

Jun 21 2010 Updated July 4, 2023

The Weekly Source

1 min read

Ryman Healthcare will build its 24th retirement village in Tauranga representing a $100 million plus investment, the company announced today. Ryman plans to develop their village to offer residential housing, a village centre and rest home with hospital and dementia care facilities on a 7.1 hectare site at the city limits.

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...

Click here

Ian Horswill

07 Jul 2025

Mergers & Acquisitions

“Aveo is a fantastic business, run by a fantastic management team”: Scape CEO Stephen Gaitanos backs landmark $3.85B acquisition

Scape Australia CEO Stephen Gaitanos has praised the leadership of retirement living operator Aveo, following its acquisition by The Living Company – Scape’s parent – for $3.85 billion, in what is now the largest direct real estate transaction...

Click here

Ian Horswill

30 Jun 2025

Community Living

Catholic Healthcare investing $600M to build connected communities across NSW

One of Australia’s largest Not For Profit providers of home care, residential care and retirement living services, is investing over $600 million over the next five years in five innovative connected communities in New South Wales. “We’ve spent...

Click here

Ian Horswill

07 Jul 2025

Government Policy

Regulator locks in new liquidity standards for aged care providers

The Aged Care Quality and Safety Commission (ACQSC) has released its consultation report on the draft Financial and Prudential Standards set to come into effect under the new Aged Care Act from 1 November 2025 – and as expected, the core liquidity...

Click here

Lauren Broomham

03 Jul 2025

Govt’s IT systems might not be ready by 1 November: reports

The Saturday Paper reported last week that the Department of Health, Disability and Ageing’s IT overhaul, intended to underpin aged care reforms coming in on 1 November, is behind schedule and may not be completed until April next year. The 2024-25...

Click here

Caroline Egan

09 Jul 2025

Technology

SATURDAY: AI natural fit for home care, says Kinyara Health CEO Norbert Walther

Norbert Walther (pictured top), CEO of home care provider Kinyara Health, says his organisation is currently developing an Artificiak Intelligence-powered care planning tool aimed at overhauling the time-consuming initial assessment process. For...

Click here

Finding innovation in unexpected places: rethinking the role of suppliers in Aged Care technology

When people think about innovation in aged care, they tend to picture large-scale tech overhauls - smart sensors, predictive analytics, integrated platforms. But innovation often shows up more quietly, embedded in the everyday tools and services...

Click here

Juniper CEO Russell Bricknell warns WA Budget fails to meet aged care crisis head-on

The head of one of Western Australia’s biggest Not for Profit aged care providers welcomed the WA Budget but in the booming state economy, said the level of investment in aged care feels “incremental, not transformational”. “The reality on the...

Click here

Caroline Egan

25 Jun 2025