The Australian newspaper has reported that investors in Retirement Village Group are disgruntled with Macquaries performance as manager of the group and looking to remove them from the role. Retirement Village Group is an unlisted retirement village (RV) operator and a joint venture between Macquarie Group Ltd and FKP.
http://www.thesourcetoday.com.au/p601_Retirement-Village-Group-looking-to-replace-managers-Macquarie-Group.html
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.