Gadens lawyer Arthur Koumoukelis, in his RVA road show presentation this week, predicted that accommodation bonds will be linked to capital works, not aged care services. Operators would be limited to using the funds to building and maintenance, not labour, overheads and general services. This means the sector may be building false hopes of freer funds going forward. He believes the bureaucrats have had their long term strategy in place for several years and the Productivity Commission is just a regular check against their blueprint.
SATURDAY is your water cooler talking point: Odyssey’s new direction
When Odyssey Lifestyle Care Communities began planning its $150 million Chevron Island project, it leaned on trusted tier-one contractors. For its future pipeline, the operator is taking a new path. CEO Aaron Lavell talks exclusively to SATURDAY...