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48 aged care facilities reported closed in 14 months because unprofitable
Sep 24 2009
1 min read
The Weekly Source

The National’s Senator John Williams (NSW) is pushing the need for increased care funding, pointing out 48 facilities have closed in 14 months to last February because they can’t cover costs. With 2,800 aged care facilities this equates to just under 2% however.

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The Weekly SOURCE

Funding secured for Wesley Mission’s affordable and supported housing project in Canberra

Wesley Mission’s affordable rental and supported housing development in Curtin, Canberra, is officially going ahead after securing funding through the first round of the Australian Government’s $10 billion Housing Australia Future Fund (HAFF)...

Ian Horswill
11 Jul 2025
Topic - Developments

Summerset’s second Melbourne retirement village to open early 2026 as new sales record set

Summerset has posted its strongest quarterly sales on record, with 402 sales for the quarter ending 30 June 2025 – comprising 222 new sales and 180 resales – according to a market update released to the NZX and ASX. It marks the New...

Ian Horswill
11 Jul 2025
Topic - Developments

Levande marks seventh retirement village site acquisition in two years

The retirement living operator has acquired the development rights from Mirvac to build a retirement village at Oatlands Golf Club, a private golf club just beyond Parramatta’s CBD, about 18km northwest of central Sydney. Levande is partnering with...

Ian Horswill
11 Jul 2025
The Weekly SOURCE

Resident dies after suspected gas explosion at land lease community in NSW Northern Rivers

An 85-year-old man has died after being badly burned in a fire that erupted in his land lease community home in Kingscliff, just south of Tweed Heads in the NSW Northern Rivers region, on Monday, 7 July. He suffered severe burns to 50% of his body...

Ian Horswill
11 Jul 2025