The new RVA NSW Regional Manger, Mark Eagleston, has distributed a very good overview of the Retirement Villages Act Amendment Bill that was passed through NSW Parliament on 4 December, with release of regulations expected first quarter 2009. In particular it reviews the new requirements on settling in periods, capital replacement funds, capital gains, capital maintenance and recurrent charges. Mark can be contacted on 02 9261 1777 or managernswact@rva.com.au
The Weekly SOURCE
18,650 social and affordable homes funded as 370 homes set for repurpose
The Australian Government’s flagship Housing Australia Future Fund (HAFF) has agreed to fund 9,284 social and 9,366 affordable homes through 279 successful projects under the first two funding rounds of the HAFF and National Housing Accord Facility...