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
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...