SCV Group, which manages 83 rental villages including 77 taken over from Village Life,
has decided not to proceed with its further acquisition of the Queensland Oxford Crest
group of 7 rental villages.
No reason was given. SCV is also looking to sell up to 12 of its lifestyle villages.
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.