If selling the family home is key to new residents for retirement villages, the population growth trend is not good except in WA and the ACT. In 2010:
?Australias population grew 1.5% to 22, 477,400
?This is 30% down on the peak 2.2% in 2008
?Births were steady, more died, international students crashed
?Immigration is steady at 170,000pa
?WA grew 2.1% and ACT 2%.
?QLD grew 1.7% (including 35,419 from NSW)
?VIC grew 1.6%. NSW grew 1.2%
?Both parties support 1.5% annual growth to 35 million by 2030
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
