Forbes Council (NSW) purchases land for aged care and retirement units

Jul 01 2013 Updated July 4, 2023

The Weekly Source

1 min read

A few councils are still investing in community aged care and retirement. Forbes Council is purchasing a disused portion of the former Jemalong Retirement Village and will build 20 ILUs along with a new aged care facility.

Breaking news: Government delays new Aged Care Act

Minister for Health and Ageing Mark Butler and Minister for Aged Care and Seniors Sam Rae announced this morning that commencement of the new Aged Care Act on 1 July 2025 will be delayed four months until 1 November 2025.

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Caroline Egan

04 Jun 2025

Government Policy

RLC and StewartBrown lobbying sees retirement village operators’ proposed liquidity ratio cut from 10% to 2%

Daniel Gannon, Executive Director of the Retirement Living Council, said the Aged Care Quality and Safety Commission’s proposal to make residential aged care providers operating independent living units (ILUs) and retirement villages retain 10% of ILU and retirement village refundable amounts as liquid funds from 1 July this year, has been reduced to 2%.

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Ian Horswill

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Sector Moves & People

Land lease operator GemLife eyes $700M+ raise at $2B valuation

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Ian Horswill

26 May 2025

Opinion

Why the delayed Aged Care Act is a double-edged sword

Just 17 business days out from its long-awaited start, the Federal Government has delayed the new Aged Care Act – again. It’s the third time the legislation has been pushed back, and while the pause has been welcomed by peak bodies and providers, make no mistake: this delay comes at a cost.

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Lauren Broomham

05 Jun 2025

Why the delayed Aged Care Act is a double-edged sword

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Lauren Broomham

05 Jun 2025

Opinion

Will AI be the workforce saviour for delivering home care into retirement villages?

It is our 100th edition, and we are looking forward at what is known to be coming and what the leading thinkers say is required across retirement living, home care and residential care to deliver best client outcomes, a positive bottom line and...

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Chris Baynes

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Opinion

Home care hellscape: why the wait list should be the new Minister’s first priority

On paper, Australia’s home care system is expanding. Another 107,000 Home Care Packages are set to be rolled out from 1 July. But for many older Australians, that help will come too late – if it comes at all. As we report in this issue, average...

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Lauren Broomham

29 May 2025

Opinion

Scape - the disruptor that will turn the retirement living sector on its head

“As we think about senior housing, that sector in itself is too fragmented and it needs a bit of leadership from someone to kind of disrupt,” Stephen Gaitanos, co-founder, Managing Director and Group CEO of Scape Australia told Mingtiandi’s...

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Ian Horswill

27 May 2025