Prime Trust also reported to the ASX this week. Stating, Tightening credit markets have
slowed bank lending and there has also been a reduction in a property clearance rates. As a
consequence, some people who desire or have committed to buy retirement units are slower
in selling their existing properties, the company explained that, despite this settlement
slowdown, there is no obvious deterioration in the prices being paid for our properties.
They concluded: We are confident that our new and refurbished units at Townsville, Mackay,
Lindfield and Brentwood will generate a high level of interest.
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...