Topic - Aged Care

Opal HealthCare starts work on its Toongabbie aged care home in Western Sydney

Jan 27 2021 Updated May 3, 2023

The Weekly Source

1 min read

The private operator has begun work on its $34.4 million 124-bed aged care development in Toongabbie, 30km west of Sydney.

The new development will feature four floors with 16 dementia specific rooms and will incorporate a dedicated garden and outdoor entertainment area.

As we covered here, the Toongabbie development is one of eight homes that the operator has built or has in development in Sydney’s west.

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

26 May 2025

Sector Moves & People

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

GemLife’s bankers, JPMorgan, Morgan Stanley and Highbury Partnership, took about two dozen fund managers through four sites in Queensland on Monday and Tuesday last week, ahead of a non-deal roadshow planned for Asia this week as the business...

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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

$1M per bed: Victorian Govt completes Rutherglen aged care home

The Victorian Government has completed the $57.1 million construction of a 50-bed aged care home in Rutherglen, located 300km northeast of Melbourne, population 3,000., which equates to $1 million a bed..

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Puttin’ on the Ritz - redevelopment of historic hotel in NSW’s Blue Mountains one step closer

A community event was held last week for locals to provide feedback on Pathways Residences’ designs for the redevelopment of the historic Ritz Hotel in the NSW Blue Mountains’ historic village of Leura, into a 137-bed luxury aged care home through the State Significant Development pathway.

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Caroline Egan

22 May 2025

Redevelopments

$194M revamp of Uniting Wesley Gardens to deliver continuum of care on Sydney’s Northern Beaches

The existing residential care home will be demolished by the Not for Profit for retirement and independent living apartments, co-located with on-site support services, including a new aged care home. Simon Furness Uniting has considered the future...

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Maronite Sisters’ planned $38M redevelopment of its aged care home in Marrickville, Sydney, on public exhibition

The Maronite Sisters of the Holy Family Village plan to demolish their existing 54-bed aged care home, so-called Village 1, and build a new 99-room, four-storey facility with underground car parking.

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Caroline Egan

15 May 2025