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NZ: QPE $100 million buys out AMP to take control of Summerset
Jun 07 2010
1 min read
The Weekly Source

New Zealand’s Overseas Investment Office (OIO) has approved a deal for Australia's QPE Funds Management to buy out AMP Capital Investors' stake in Summerset in a $100 million retirement village deal. Summerset is New Zealand's third-largest largest retirement village developer and the operator behind NZX-listed businesses Ryman Healthcare and Metlifecare. QPE now has full control of Summerset’s management company.

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The Weekly SOURCE

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.

Caroline Egan
10 Jul 2025
Aged Care

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.

Caroline Egan
10 Jul 2025
The Weekly SOURCE

Only in SATURDAY: the key to survival under Support at Home

Support at Home will reshape the home care sector, pushing providers to operate with greater precision, smarter systems, and stronger margins. For those lagging behind, the risk is extinction. Read SATURDAY for the keys to survival.

Caroline Egan
10 Jul 2025
Aged Care

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...

Caroline Egan
10 Jul 2025