NSW: Former Twin Shores site up for auction

May 31 2010 Updated July 4, 2023

The Weekly Source

1 min read

Colys Holdings failed Twin Shores development in the Illawarra has been placed on the market. The land was bought in July 2003 for $1.32 million and Colys had planned to build 80 seniors living units but in September 2008 ceased trading.

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...

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Ian Horswill

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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...

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Government Policy

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Mergers & Acquisitions

Three years after $1B+ valuation, RetireAustralia faces $850M sale

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Ageing Australia welcomes Quality Commission’s report on liquidity ratios

Ageing Australia has welcomed the Aged Care Quality and Safety Commission (ACQSC)’s review of proposed Liquidity Standards due to come in with the aged care reforms in November, saying the original proposal could have threatened investment in the ageing sector.

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Govt needs to bring forward review of aged care accommodation funding: Uniting NSW.ACT

Not For Profit Uniting NSW.ACT, which is the largest provider of support to older people of limited means in NSW and the ACT, is calling on the federal Government to urgently bring forward its planned review of aged care accommodation funding for clients who cannot cover the cost of aged care services.

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Mates seek Govt funding for Cunnamulla QLD aged care after home closed in 2020

When Daniel Manley and Brett Sandy went to their community in Cunnamulla, 800km west of Brisbane, floating the idea of opening an aged care facility in the town, they received 47 applications in 10 minutes and had to take the proposal down from the...

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A return to the dark days: Negative media headlines are back – can the sector pressure the Government for real change?

In 2018, just before the ABC’s Who Cares? program aired and the Morrison Government announced the Royal Commission into Aged Care Quality and Safety, the headlines around home care and aged care turned bleak. Reading the papers this week, it’s...

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Lauren Broomham

10 Jul 2025