Developer Sid Londishs plans to build a $500 million resort-style seniors living development at Oxford Falls has been knocked back by NSW Planning Minister, Tony Kelly. The Minister said plans for the $100m+ development were unacceptable but Mr Londish has vowed to appeal the ministers decision in the Land and Environment Court.
Would you invest in a business with zero margin?
The latest AN-ACC prices and weightings, released late last Friday, confirmed what many feared: after an initial uplift, the clawback has begun. Operators who saw gains since AN-ACC’s 2023 launch now face funding being stripped back.